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12 U.S.C. § 5613

Additional related matters

United States · Title 12 — BANKS AND BANKING · Status: effective

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12 U.S.C. § 5613, Additional related matters, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/439111
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Effective upon July 21, 2010, the Corporation may not exercise its authority under section 1823(c)(4)(G)(i) of this title to establish any widely available debt guarantee program for which section 5612 of this title would provide authority. If an insured depository institution or depository institution holding company (as those terms are defined in section 1813 of this title) participating in a program under section 5612 of this title, or any participant in a debt guarantee program established pursuant to section 1823(c)(4)(G)(i) of this title defaults on any obligation guaranteed by the Corporation after July 21, 2010, the Corporation shall— with respect to any other participating company that is not an insured depository institution that defaults— require—

Legislative history

The public laws that enacted or amended this section. Tallies are for the whole bill as it passed each chamber — often an omnibus covering far more than this provision — not a vote on this section alone.