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12 U.S.C. § 1468b — Powers of examiners
Federal law — U.S. Code and appendices · legal_authorities
For the purposes of this chapter, examiners appointed by the a 11 So in original. Federal banking agency shall—
(1) be subject to the same requirements, responsibilities, and penalties as are applicable to examiners under the Federal Reserve Act [[12 U.S.C. 221](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title12-section221&num=0&edition=prelim) et seq.] and title LXII of the Revised Statutes; and
(2) have, in the exercise of functions under this chapter, the same powers and privileges as are vested in such examiners by law.
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Stable record: federal_law:legal_authorities:record_usc_a6a061425a72cfa9160b5086
Source file: Laws/federal/codes/united-states-code/title-12/section-1468b-powers-of-examiners--d9a6f81095.md
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Source location: Title 12, Chapter 12, § 1468b; chapter-012-savings-associations.md
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For the purposes of this chapter, examiners appointed by the a 11 So in original. Federal banking agency shall—
(1) be subject to the same requirements, responsibilities, and penalties as are applicable to examiners under the Federal Reserve Act [[12 U.S.C. 221](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title12-section221&num=0&edition=prelim) et seq.] and title LXII of the Revised Statutes; and
(2) have, in the exercise of functions under this chapter, the same powers and privileges as are vested in such examiners by law.
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Federal law — U.S. Code and appendices · legal_authorities
Wherever the word “bank” is used in this chapter, the word shall be held to include State bank, banking association, and trust company, except where national banks or Federal reserve banks are specifically referred to. For purposes of this chapter, a State bank includes any bank which is operating under the Code of Law for the District of Columbia.
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Federal law — U.S. Code and appendices · legal_authorities
**(a) Repealed. Pub. L. 111–139, title I, § 10(a), Feb. 12, 2010, 124 Stat. 21**
**(b) Student loans** For all student loans under part B or D of title IV of the Higher Education Act of 1965 [[20 U.S.C. 1071](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title20-section1071&num=0&edition=prelim) et seq., 1087a et seq.] made during the period when a sequestration order under [section 904 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title2-section904&num=0&edition=prelim) is in effect as required by section 902 or 903 of this title, origination fees under sections 438(c)(2) and (6) and 455(c) [[20 U.S.C. 1087–1(c)(2)](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title20-section1087–1/c/2&num=0&edition=prelim), (6), 1087e(c)] and loan processing and issuance fees under section 428(f)(1)(A)(ii) of that Act [[20 U.S.C. 1078(f)(1)(A)(ii)](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title20-section1078/f/1/A/ii&num=0&edition=prelim)] shall each be increased by the uniform percentage specified in that sequestration order, and, for student loans originated during the period of the sequestration, special allowance payments under section 438(b) of that Act [[20 U.S.C. 1087–1(b)](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title20-section1087–1/b&num=0&edition=prelim)] accruing during the period of the sequestration shall be reduced by the uniform percentage specified in that sequestration order.
**(c) Repealed. Pub. L. 111–139, title I, § 10(c), Feb. 12, 2010, 124 Stat. 22**
**(d) Special rules for Medicare program**
(1) **Calculation of reduction in payment amounts** — To achieve the total percentage reduction in those programs required by section 902 or 903 of this title, subject
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Federal law — U.S. Code and appendices · legal_authorities
The short title of the Act of December 23, 1913, ch. 6, 38 Stat. 251, shall be the “Federal Reserve Act.”
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Federal law — U.S. Code and appendices · legal_authorities
Page 420
TITLE 12—BANKS AND BANKING
§ 1468a
1 So in original.
‘‘(a) CONSISTENCY OF CERTAIN REGULATIONS WITH SEC-
TION 23A OF
THE FEDERAL RESERVE ACT [12 U.S.C.
371c].—Not later than 6 months after the date of enact-
ment of this Act [Aug. 9, 1989], the Director of the Of-
fice of Thrift Supervision shall revise the Director’s
conflicts regulations so as not to prohibit a thrift insti-
tution from purchasing mortgages from a mortgage-
banking affiliate to the same extent as a member bank
may do so under section 250.250 of title 12, Code of Fed-
eral Regulations.
‘‘(b) TRANSITIONAL PERIOD.—Notwithstanding section
11(a) of the Home Owners’ Loan Act [12 U.S.C. 1468(a)]
(as added by section 301 of this Act), a thrift institution
that, before May 1, 1989, had received approval from the
Federal Savings and Loan Insurance Corporation pur-
suant to section 408(d)(6) of the National Housing Act
[former 12 U.S.C. 1730a(d)(6)] as then in effect to pur-
chase mortgages from a mortgage-banking affiliate
may, during the 6-month period following the date on
which final regulations are prescribed pursuant to sub-
section (a), continue to engage in transactions for
which it had received such approval. Any savings asso-
ciation that engages in such transactions pursuant to
this subsection shall comply with the standards that
were applicable under section 408(d)(6) as in effect on
May 1, 1989.
‘‘(c) AUTHORITY TO EXTEND REGULATORY APPROVALS
THAT WOULD OTHERWISE LAPSE DURING
THE TRANSI-
TIONAL PERIOD.—The Director of the Office of Thrift
Supervision may extend until the expiration of the 6-
month period described in subsection (b) any approval
granted by the Federal Savings and Loan Insurance
Corporation that expires or would expire before the ex-
piration of that 6-mon
Source: Supplied 2024 U.S. Code historical extraction · 12 U.S.C. § 1468b
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Federal law — U.S. Code and appendices · legal_authorities
Page 83
TITLE 12—BANKS AND BANKING
§ 221
Sec.
375.
Reserved.
375a.
Loans to executive officers of banks.
375b.
Extensions of credit to executive officers, di-
rectors, and principal shareholders of mem-
ber banks.
376.
Rate of interest paid to directors, etc.
377.
Repealed.
378.
Dealers in securities engaging in banking
business; individuals or associations engag-
ing in banking business; examinations and
reports; penalties.
SUBCHAPTER XI—DEPOSITARIES AND FISCAL
AGENTS
391.
Federal reserve banks as Government deposi-
taries and fiscal agents.
391a.
Reimbursement of Federal Reserve Banks.
392.
Depositaries of Government funds as confined
to banks in Federal reserve system; mem-
ber banks as depositaries.
393.
Federal reserve banks as depositaries for
Farm Credit System.
394.
Federal reserve banks as depositaries for and
fiscal agents of Home Owners’ Loan Cor-
poration.
395.
Federal
reserve
banks
as
depositaries,
custodians and fiscal agents for Commodity
Credit Corporation.
SUBCHAPTER XII—FEDERAL RESERVE NOTES
411.
Issuance to reserve banks; nature of obliga-
tion; redemption.
412.
Application for notes; collateral required.
413.
Distinctive letter and serial number of notes;
cancellation of notes unfit for circulation;
accounting; apportionment of credit among
Federal Reserve banks.
414.
Authority of Board of Governors respecting
issuance of notes; interest; lien.
415.
Reduction of liability for outstanding notes
by depositing notes and collateral and pay-
ment of notes of series prior to 1928; reissue
of deposited notes.
416.
Withdrawal of collateral deposited to protect
notes and substitution of other collateral;
retirement of notes; payment of notes of se-
ries prior to 1928; recovery of collateral; re-
issue
Source: Supplied 2024 U.S. Code historical extraction · 12 U.S.C. § 221
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