2016 US Code
Title 12 - Banks and Banking
Chapter 3 - Federal Reserve System
Subchapter XVI - Civil Liability of Federal Reserve and Member Banks, Shareholders, and Officers
Sec. 506 - Notice after separation from service
| 12 U.S.C. § 506 (2016) |
| §506. Notice after separation from service |
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The resignation, termination of employment or participation, or separation of an institution-affiliated party (within the meaning of section 1813(u) of this title) with respect to a member bank (including a separation caused by the closing of such a bank) shall not affect the jurisdiction and authority of the Board to issue any notice and proceed under this section against any such party, if such notice is served before the end of the 6-year period beginning on the date such party ceased to be such a party with respect to such bank (whether such date occurs before, on, or after August 9, 1989). |
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(Dec. 23, 1913, ch. 6, §19(m), as added Pub. L. 101–73, title IX, §905(g), Aug. 9, 1989, 103 Stat. 461.) |
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REFERENCES IN TEXT
This section, referred to in text, means section 19 of act Dec. 23, 1913, which is classified to sections 142, 371b, 371b–1, 374, 374a, 461, 463 to 466, 505, and 506 of this title. |
| United States Code, 2012 Edition, Supplement 4, Title 12 - BANKS AND BANKING |
| Bills and Statutes |
| United States Code |
| Y 1.2/5: |
| Title 12 - BANKS AND BANKING CHAPTER 3 - FEDERAL RESERVE SYSTEM SUBCHAPTER XVI - CIVIL LIABILITY OF FEDERAL RESERVE AND MEMBER BANKS, SHAREHOLDERS, AND OFFICERS Sec. 506 - Notice after separation from service |
| section 506 |
| 2016 |
| January 6, 2017 |
| No |
| standard |
| 103 Stat. 461 |
| Public Law 101-73 |
