2012 US Code
Title 12 - Banks and Banking
Chapter 46 - GOVERNMENT SPONSORED ENTERPRISES (§§ 4501 - 4642)
Subchapter III - ENFORCEMENT PROVISIONS (§§ 4631 - 4642)
Section 4637 - Notice after separation from service
Publication Title | United States Code, 2012 Edition, Title 12 - BANKS AND BANKING |
Category | Bills and Statutes |
Collection | United States Code |
SuDoc Class Number | Y 1.2/5: |
Contained Within | Title 12 - BANKS AND BANKING CHAPTER 46 - GOVERNMENT SPONSORED ENTERPRISES SUBCHAPTER III - ENFORCEMENT PROVISIONS Sec. 4637 - Notice after separation from service |
Contains | section 4637 |
Date | 2012 |
Laws in Effect as of Date | January 15, 2013 |
Positive Law | No |
Disposition | standard |
Source Credit | Pub. L. 102-550, title XIII, §1379, formerly §1377, Oct. 28, 1992, 106 Stat. 3992; renumbered §1379 and amended Pub. L. 110-289, div. A, title I, §§1153(a)(1), 1156(b)(1), 1157, July 30, 2008, 122 Stat. 2770, 2777. |
Statutes at Large References | 106 Stat. 3992 122 Stat. 2770 |
Public Law References | Public Law 102-550, Public Law 110-289 |
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The resignation, termination of employment or participation, or separation of an entity-affiliated party shall not affect the jurisdiction and authority of the Director to issue any notice and proceed under this subchapter against any such entity-affiliated party, if such notice is served before the end of the 6-year period beginning on the date such entity-affiliated party ceases to be associated with the regulated entity.
(Pub. L. 102–550, title XIII, §1379, formerly §1377, Oct. 28, 1992, 106 Stat. 3992; renumbered §1379 and amended Pub. L. 110–289, div. A, title I, §§1153(a)(1), 1156(b)(1), 1157, July 30, 2008, 122 Stat. 2770, 2777.)
Prior ProvisionsA prior section 1379 of Pub. L. 102–550 was renumbered section 1379B and is classified to section 4639 of this title.
Amendments2008—Pub. L. 110–289, §1157(4), which directed the substitution of “regulated entity.” for “enterprise.” could not be executed because of the prior amendment by Pub. L. 110–289, §1156(b)(1). See below.
Pub. L. 110–289, §1157(3), which directed the substitution of “entity-affiliated party” for “director or officer” wherever appearing, was executed by making the substitution for “director or executive officer” in two places, to reflect the probable intent of Congress.
Pub. L. 110–289, §1157(2), which directed the substitution of “an entity-affiliated party” for “a director or executive officer of an enterprise”, was executed by making the substitution for “a director or executive officer of a regulated entity”, to reflect the probable intent of Congress and the prior amendment by Pub. L. 110–289, §1156(b)(1). See below.
Pub. L. 110–289, §1157(1), substituted “6-year” for “2-year”.
Pub. L. 110–289, §1156(b)(1), substituted “a regulated entity” for “an enterprise” and “the regulated entity” for “the enterprise”.
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