12-U.S.C.-5222

12-U.S.C.-5222

§5222 – Coordination With Foreign Authorities and Central Banks

Pathway

Title 12 > Chapter 52 > Subchapter I > Section 5222

Details

  • Reference: Section 5222
  • Legend: §5222 – Coordination With Foreign Authorities and Central Banks
  • USCode Year: 2013

Provision Content

The Secretary shall coordinate, as appropriate, with foreign financial authorities and central banks to work toward the establishment of similar programs by such authorities and central banks. To the extent that such foreign financial authorities or banks hold troubled assets as a result of extending financing to financial institutions that have failed or defaulted on such financing, such troubled assets qualify for purchase under section 5211 of this title.

(Pub. L. 110–343, div. A, title I, §112, Oct. 3, 2008, 122 Stat. 3777.)

U.S. Encyclopedia of Law Coverage

12-U.S.C.-5114 in the Legal Encyclopedia: Banking Law

In this entry about 12-U.S.C.-5114, find legal reference material, bibliographies and premiere content related to banking law in the American Encyclopedia of Law, presenting a comprehensive view of the United States banking law-specific issues, written by authorities in the field.

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