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31 U.S.C. § 313

Federal Insurance Office

United States · Title 31 — MONEY AND FINANCE · Status: effective

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31 U.S.C. § 313, Federal Insurance Office, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/467413
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Full text

The Office, pursuant to the direction of the Secretary, shall have the authority— The authority of the Office shall extend to all lines of insurance except— In carrying out the functions required under subsection (c), the Office may— Any data or information obtained by the Office may be made available to State insurance regulators, individually or collectively, through an information-sharing agreement that— A State insurance measure shall be preempted pursuant to this section or section 314 if, and only to the extent that the Director determines, in accordance with this subsection, that the measure— Before making any determination under paragraph (1), the Director shall— Upon making any determination under paragraph (1), the Director shall— Upon the conclusion of the period referred to in paragraph (2)(C)(ii), if the basis for such determination still exists, the determination shall become effective and the Director shall— Nothing in this section shall— preempt— The Director shall submit to the Committee on Financial Services of the House of Representatives and the Committee on Banking, Housing, and Urban Affairs of the Senate— The study and report required under paragraph (1) shall be based on and guided by the following considerations: The study and report required under paragraph (1) shall also examine the following factors: The potential consequences of subjecting insurance companies to a Federal resolution authority, including the effects of any Federal resolution authority— In this section and section 314, the following definitions shall apply: The term “covered agreement” means a written bilateral or multilateral agreement regarding prudential measures with respect to the business of insurance or reinsurance that— The term “United States insurer” means—

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.