Source: http://www.law.cornell.edu/uscode/text/12/1463
Timestamp: 2013-05-24 09:24:52
Document Index: 730056803

Matched Legal Cases: ['§ 4', '§ 301', '§ 369', '§ 4', '§ 1', '§ 506', '§ 10', '§ 206', '§ 8', '§ 1', '§ 9', '§ 17', '§ 369', '§ 369', '§ 369', '§ 369', '§ 369', '§ 369', '§ 369', '§ 369', '§ 308', '§ 367', '§ 21', 'art 500', 'art 502', 'art 503', 'art 505', 'art 507', 'art 510', 'art 512', 'art 513', 'art 516', 'art 533', 'art 535']

Investment of certain funds in accounts of savings associations The savings accounts and share accounts of savings associations insured by the Corporation shall be lawful investments and may be accepted as security for all public funds of the United States, fiduciary and trust funds under the authority or control of the United States or any officer thereof, and for the funds of all corporations organized under the laws of the United States (subject to any regulatory authority otherwise applicable), regardless of any limitation of law upon the investment of any such funds or upon the acceptance of security for the investment or deposit of any of such funds.
Participation by savings associations in lotteries and related activities (1)
Participation prohibited No savings association may—
Use of facilities prohibited No savings association may permit—
Deal in The term “deal in” includes making, taking, buying, selling, redeeming, or collecting.
Lottery The term “lottery” includes any arrangement under which—
the identity of the winners is determined by any means which includes—
Lottery ticket The term “lottery ticket” includes any right, privilege, or possibility (and any ticket, receipt, record, or other evidence of any such right, privilege, or possibility) of becoming a winner in a lottery.
Exception for State lotteries Paragraphs (1) and (2) shall not apply with respect to any savings association accepting funds from, or performing any lawful services for, any State operating a lottery, or any officer or employee of such a State who is charged with administering the lottery.
Regulations The Comptroller shall prescribe such regulations as may be necessary to provide for enforcement of this subsection and to prevent any evasion of any provision of this subsection.
Federally related mortgage loan disclosures A savings association may not make a federally related mortgage loan to an agent, trustee, nominee, or other person acting in a fiduciary capacity without requiring that the identity of the person receiving the beneficial interest of such loan shall at all times be revealed to the savings association. At the request of the appropriate Federal banking agency, the savings association shall report to the appropriate Federal banking agency the identity of such person and the nature and amount of the loan.
Preemption of State usury laws (1)
Form and maturity of securities No savings association shall—
(June 13, 1933, ch. 64, § 4, as added Pub. L. 101–73, title III, § 301,Aug. 9, 1989, 103 Stat. 280; amended Pub. L. 111–203, title III, § 369(4),July 21, 2010, 124 Stat. 1558.)
A prior section 1463, acts June 13, 1933, ch. 64, § 4,48 Stat. 129; Apr. 27, 1934, ch. 168, §§ 1(a), 2–4, 13,48 Stat. 643–645, 647; June 27, 1934, ch. 847, title V, §§ 506, 508(b),48 Stat. 1263, 1264; May 28, 1935, ch. 150, §§ 10–17(a),49 Stat. 296, 297; Aug. 11, 1939, ch. 684, 53 Stat. 1403; Oct. 24, 1942, ch. 621, 56 Stat. 986; June 30, 1947, ch. 166, title II, § 206(f),61 Stat. 206, related to creation of Home Owners’ Loan Corporation, for appointment and compensation of its board of directors, for appointment and compensation of its employees, and for other powers, prior to repeal by Pub. L. 89–554, § 8(a),Sept. 6, 1966, 80 Stat. 648.
A prior section 1463a, act Apr. 27, 1934, ch. 168, § 1(b),48 Stat. 644, provided that amendments made to subsec. (c) of former section 1463 of this title, except with respect to refunding, by act Apr. 27, 1934, should not apply to any bonds prior to Apr. 27, 1934, issued under subsec. (c), or to any bonds thereafter issued in compliance with commitments of the Corporation outstanding on Apr. 27, 1934.
A prior section 1463b, act Apr. 27, 1934, ch. 168, § 9,48 Stat. 646, related to purchase of obligations of, and loans to, Federal Home Loan Banks, prior to repeal by act May 28, 1935, ch. 150, § 17(b),49 Stat. 297.
2010—Subsec. (a). Pub. L. 111–203, § 369(4)(A)(i), struck out “Federal” before “savings” in heading.
Subsec. (a)(1), (2). Pub. L. 111–203, § 369(4)(A)(ii), added pars. (1) and (2) and struck out former pars. (1) and (2) which read as follows:
Subsec. (a)(3). Pub. L. 111–203, § 369(4)(A)(iii), substituted “Comptroller and the Corporation” for “Director” in two places.
Subsec. (b). Pub. L. 111–203, § 369(4)(B)(ii), substituted “Comptroller” for “Director” wherever appearing.
Subsec. (b)(2). Pub. L. 111–203, § 369(4)(B)(i), inserted “and” at end of subpar. (A), substituted a period for “; and” at end of subpar. (B), and struck out subpar. (C) which read as follows: “prior to January 1, 1994, require full compliance by savings associations with accounting standards in effect at any time before such date not later than provided under the schedule in section 563.23–3 of title 12, Code of Federal Regulations (as in effect on May 1, 1989).”
Subsec. (c). Pub. L. 111–203, § 369(4)(C), substituted “The regulations of the Comptroller and the policies of the Comptroller and the Corporation” for “All regulations and policies of the Director” and struck out “of the Currency” before “for national”.
Subsec. (e)(5). Pub. L. 111–203, § 369(4)(D), substituted “Comptroller” for “Director”.
Subsecs. (f), (h). Pub. L. 111–203, § 369(4)(E), (F), substituted “appropriate Federal banking agency” for “Director” in two places.
Pub. L. 101–73, title III, § 308,Aug. 9, 1989, 103 Stat. 353, as amended by Pub. L. 111–203, title III, § 367(4),July 21, 2010, 124 Stat. 1556, provided that:
“(a) Consultation on Methods.—The Secretary of the Treasury shall consult with the Chairman of the Board of Governors of the Federal Reserve System, the Comptroller of the Currency, the Chairman of the National Credit Union Administration, and the Chairperson of the Board of Directors of the Federal Deposit Insurance Corporation on methods for best achieving the following goals:
“(1) Preserving the present number of minority depository institutions.
“(A) Same type of minority depository institution in the same city.
“(B) Same type of minority depository institution in the same State.
“(C) Same type of minority depository institution nationwide.
“(D) Any type of minority depository institution in the same city.
“(E) Any type of minority depository institution in the same State.
“(F) Any type of minority depository institution nationwide.
“(G) Any other bidders.
“(3) Providing technical assistance to prevent insolvency of institutions not now insolvent.
“(4) Promoting and encouraging creation of new minority depository institutions.
“(5) Providing for training, technical assistance, and educational programs.
“(1) Minority financial institution.—The term ‘minority depository institution’ means any depository institution that—
“(A) if a privately owned institution, 51 percent is owned by one or more socially and economically disadvantaged individuals;
“(B) if publicly owned, 51 percent of the stock is owned by one or more socially and economically disadvantaged individuals; and
“(C) in the case of a mutual institution where the majority of the Board of Directors, account holders, and the community which it services is predominantly minority.
“(2) Minority.—The term ‘minority’ means any black American, Native American, Hispanic American, or Asian American.
“(c) Reports.—The Secretary of the Treasury, the Chairman of the Board of Governors of the Federal Reserve System, the Comptroller of the Currency, the Chairman of the National Credit Union Administration, and the Chairperson of Board of Directors of the Federal Deposit Insurance Corporation shall each submit an annual report to the Congress containing a description of actions taken to carry out this section.”
Act June 30, 1953, ch. 170, § 21,67 Stat. 126, provided for dissolution and abolition of Home Owners’ Loan Corporation established by former section 1463 of this title.
This is a list of parts within the Code of Federal Regulations for which this US Code section provides rulemaking authority.This list is taken from the Parallel Table of Authorities and Rules provided by GPO [Government Printing Office].It is not guaranteed to be accurate or up-to-date, though we do refresh the database weekly. More limitations on accuracy are described at the GPO site.12 CFR - Title 12—Banks and Banking12 CFR Part 500 - AGENCY ORGANIZATION AND FUNCTIONS12 CFR Part 502 - ASSESSMENTS AND FEES12 CFR Part 503 - PRIVACY ACT12 CFR Part 505 - FREEDOM OF INFORMATION ACT12 CFR Part 507 - RESTRICTIONS ON POST-EMPLOYMENT ACTIVITIES OF SENIOR EXAMINERS12 CFR Part 510 - MISCELLANEOUS ORGANIZATIONAL REGULATIONS12 CFR Part 512 - RULES FOR INVESTIGATIVE PROCEEDINGS AND FORMAL EXAMINATION PROCEEDINGS12 CFR Part 513 - PRACTICE BEFORE THE OFFICE12 CFR Part 516 - APPLICATION PROCESSING PROCEDURES12 CFR Part 533 - DISCLOSURE AND REPORTING OF CRA-RELATED AGREEMENTS12 CFR Part 535 - UNFAIR OR DECEPTIVE ACTS OR PRACTICES
53 CFR - 53 CFR 54153 CFR 54353 CFR 54453 CFR 54553 CFR 54653 CFR 55053 CFR 55153 CFR 55253 CFR 55553 CFR 55753 CFR 55853 CFR 559