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12 U.S.C. § 4b — Deputy Comptroller for the supervision and examination of Federal savings associations
Federal law — U.S. Code and appendices · legal_authorities
The Comptroller of the Currency shall designate a Deputy Comptroller, who shall be responsible for the supervision and examination of Federal savings associations.
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Source file: Laws/federal/codes/united-states-code/title-12/section-4b-deputy-comptroller-for-the-supervision-and-examination-of-federal-saving--a6a2d2640b.md
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Source location: Title 12, Chapter 1, § 4b; chapter-001-the-comptroller-of-the-currency.md
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The Comptroller of the Currency shall designate a Deputy Comptroller, who shall be responsible for the supervision and examination of Federal savings associations.
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Federal law — U.S. Code and appendices · legal_authorities
**(a) Office of the Comptroller of the Currency established** There is established in the Department of the Treasury a bureau to be known as the “Office of the Comptroller of the Currency” which is charged with assuring the safety and soundness of, and compliance with laws and regulations, fair access to financial services, and fair treatment of customers by, the institutions and other persons subject to its jurisdiction.
**(b) Comptroller of the Currency**
(1) **In general** — The chief officer of the Office of the Comptroller of the Currency shall be known as the Comptroller of the Currency. The Comptroller of the Currency shall perform the duties of the Comptroller of the Currency under the general direction of the Secretary of the Treasury. The Secretary of the Treasury may not delay or prevent the issuance of any rule or the promulgation of any regulation by the Comptroller of the Currency, and may not intervene in any matter or proceeding before the Comptroller of the Currency (including agency enforcement actions), unless otherwise specifically provided by law.
(2) **Additional authority** — The Comptroller of the Currency shall have the same authority with respect to functions transferred to the Comptroller of the Currency under the Enhancing Financial Institution Safety and Soundness Act of 2010 as was vested in the Director of the Office of Thrift Supervision on the transfer date, as defined in section 311 of that Act [[12 U.S.C. 5411](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title12-section5411&num=0&edition=prelim)].
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Federal law — U.S. Code and appendices · legal_authorities
Page 3
TITLE 12—BANKS AND BANKING
§ 7
rency were omitted to conform to the provisions of the
Executive Schedule. See section 5314 of Title 5, Govern-
ment Organization and Employees.
AMENDMENTS
1935—Act Aug. 23, 1935, struck out ‘‘on the rec-
ommendation of the Secretary of the Treasury’’ after
‘‘President’’, where first appearing, and changed the
salary from ‘‘$5,000 a year’’ to ‘‘$15,000 a year’’.
Statutory Notes and Related Subsidiaries
REPEALS
Act Oct. 15, 1949, ch. 695, § 4, 63 Stat. 880, formerly
cited as a credit to this section, was repealed by Pub.
L. 89–554, § 8(a), Sept. 6, 1966, 80 Stat. 655.
Executive Documents
EXCEPTION AS TO TRANSFER OF FUNCTIONS
Functions vested by any provision of law in Comp-
troller of the Currency, referred to in this section, were
not included in transfer of functions to Secretary of the
Treasury, see note set out under section 1 of this title.
§ 3. Oath of Comptroller
The Comptroller of the Currency shall, within
fifteen days from the time of notice of his ap-
pointment, take and subscribe the oath of office.
(R.S. § 326; Pub. L. 86–251, § 1(d), Sept. 9, 1959, 73
Stat. 488; Pub. L. 92–310, title II, § 223(a), June 6,
1972, 86 Stat. 206.)
Editorial Notes
CODIFICATION
R.S. § 326 derived from act June 3, 1864, ch. 106, § 1, 13
Stat. 99, which was the National Bank Act. See section
38 of this title.
AMENDMENTS
1972—Pub. L. 92–310 struck out provisions which re-
quired the Comptroller to give a bond in the sum of
$250,000.
1959—Pub. L. 86–251 increased the surety bond re-
quirement from $100,000 to $250,000.
§ 4. Deputy Comptrollers
The Secretary of the Treasury shall appoint
no more than four Deputy Comptrollers of the
Currency, one of whom shall be designated First
Deputy Comptroller of the Currency, an
Source: Supplied 2024 U.S. Code historical extraction · 12 U.S.C. § 4b
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