2017 US Code
Title 12 - Banks and Banking
Chapter 46 - Government Sponsored Enterprises
Subchapter I - Supervision and Regulation of Enterprises
Part A - Financial Safety and Soundness Regulator
Sec. 4518a - Limitation on bonuses to executives of Fannie Mae and Freddie Mac

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Citation 12 U.S.C. § 4518a (2017)
Section Name §4518a. Limitation on bonuses to executives of Fannie Mae and Freddie Mac
Section Text

Notwithstanding any other provision in law, senior executives at the Federal National Mortgage Association and the Federal Home Loan Mortgage Corporation are prohibited from receiving bonuses during any period of conservatorship for those entities on or after April 4, 2012.

Source Credit

(Pub. L. 112–105, §16, Apr. 4, 2012, 126 Stat. 303.)

Editorial Notes CODIFICATION

Section was enacted as part of the Stop Trading on Congressional Knowledge Act of 2012, also known as the STOCK Act, and not as part of the Federal Housing Enterprises Financial Safety and Soundness Act of 1992 which comprises this chapter.

Publication Title United States Code, 2012 Edition, Supplement 5, 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 I - SUPERVISION AND REGULATION OF ENTERPRISES
Part A - Financial Safety and Soundness Regulator
Sec. 4518a - Limitation on bonuses to executives of Fannie Mae and Freddie Mac
Contains section 4518a
Date 2017
Laws In Effect As Of Date January 12, 2018
Positive Law No
Disposition standard
Statutes at Large References 126 Stat. 303
Public Law References Public Law 112-105
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