Source: https://www.govinfo.gov/content/pkg/USCODE-2018-title12/html/USCODE-2018-title12-chap12-sec1463.htm
Timestamp: 2020-08-14 17:48:20
Document Index: 677217897

Matched Legal Cases: ['§4', '§301', '§369', '§3', '§4', '§1', '§506', '§10', '§206', '§8', '§3', '§369', '§21']

Sec. 1463 - Supervision of savings associations
The term "lottery" includes any arrangement, other than a savings promotion raffle, under which—
(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; Pub. L. 113–251, §3(d), Dec. 18, 2014, 128 Stat. 2889.)
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.
2014—Subsec. (e)(3)(B). Pub. L. 113–251, §3(d)(1), inserted ", other than a savings promotion raffle," after "arrangement" in introductory provisions.
2010—Subsec. (a). Pub. L. 111–203, §369(4)(A)(i), struck out "Federal" before "savings" in heading.
"(1) In general.—The Director shall provide for the examination, safe and sound operation, and regulation of savings associations.
"(2) Regulations.—The Director may issue such regulations as the Director determines to be appropriate to carry out the responsibilities of the Director or the Office."
"(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) Minority financial institution.—The term 'minority depository institution' means any depository institution that—
"(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.