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12 U.S.C. § 4526 — Limitation on subsequent employment
Federal law — U.S. Code and appendices · legal_authorities
Neither the Director nor any former officer or employee of the Agency who, while employed by the Agency, was compensated at a rate in excess of the lowest rate for a position classified higher than GS–15 of the General Schedule under [section 5107 of title 5](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title5-section5107&num=0&edition=prelim) may accept compensation from an enterprise during the 2-year period beginning on the date of separation from employment by the Agency.
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Source file: Laws/federal/codes/united-states-code/title-12/section-4526-limitation-on-subsequent-employment--9a85fda6f6.md
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Source location: Title 12, Chapter 46, § 4526; chapter-046-government-sponsored-enterprises.md
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Neither the Director nor any former officer or employee of the Agency who, while employed by the Agency, was compensated at a rate in excess of the lowest rate for a position classified higher than GS–15 of the General Schedule under [section 5107 of title 5](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title5-section5107&num=0&edition=prelim) may accept compensation from an enterprise during the 2-year period beginning on the date of separation from employment by the Agency.
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Federal law — U.S. Code and appendices · legal_authorities
Except as otherwise provided by this chapter, each agency shall place each position under its jurisdiction in its appropriate class and grade in conformance with standards published by the Office of Personnel Management or, if no published standards apply directly, consistently with published standards. When facts warrant, an agency may change a position which it has placed in a class or grade under this section from that class or grade to another class or grade. Subject to subchapter VI of chapter 53 of this title, these actions of an agency are the basis for pay and personnel transactions until changed by certificate of the Office.
Source: Supplied U.S. Code snapshot — release unconfirmed · 5 U.S.C. § 5107
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Federal law — U.S. Code and appendices · legal_authorities
**(a) Enterprises** For purposes of this subchapter, the minimum capital level for each enterprise shall be the sum of—
(1) 2.50 percent of the aggregate on-balance sheet assets of the enterprise, as determined in accordance with generally accepted accounting principles;
(2) 0.45 percent of the unpaid principal balance of outstanding mortgage-backed securities and substantially equivalent instruments issued or guaranteed by the enterprise that are not included in paragraph (1); and
(3) 0.45 percent of other off-balance sheet obligations of the enterprise not included in paragraph (2) (excluding commitments in excess of 50 percent of the average dollar amount of the commitments outstanding each quarter over the preceding 4 quarters), except that the Director shall adjust such percentage to reflect differences in the credit risk of such obligations in relation to the instruments included in paragraph (2).
**(b) Federal Home Loan Banks** For purposes of this subchapter, the minimum capital level for each Federal Home Loan Bank shall be the minimum capital required to be maintained to comply with the leverage requirement for the bank established under [section 1426(a)(2) of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title12-section1426/a/2&num=0&edition=prelim).
**(c) Establishment of revised minimum capital levels** Notwithstanding subsections (a) and (b) and notwithstanding the capital classifications of the regulated entities, the Director may, by regulations issued under [section 4526 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title12-section4526&num=0&edition=prelim), establish a minimum capital level for the enterprises, for the Federal Home Loan Banks, or for both the enterprises and the banks, that
Source: Supplied U.S. Code snapshot — release unconfirmed · 12 U.S.C. § 4615
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Federal law — U.S. Code and appendices · legal_authorities
Page 1662
TITLE 12—BANKS AND BANKING
§ 4526
§ 4526. Regulations and orders
(a) Authority
The Director shall issue any regulations,
guidelines, or orders necessary to carry out the
duties of the Director under this chapter or the
authorizing statutes, and to ensure that the pur-
poses of this chapter and the authorizing stat-
utes are accomplished.
(b) Notice and comment
Any regulations issued by the Director under
this section shall be issued after notice and op-
portunity for public comment pursuant to the
provisions of section 553 of title 5.
(Pub. L. 102–550, title XIII, § 1319G, Oct. 28, 1992,
106 Stat. 3952; Pub. L. 110–289, div. A, title I,
§ 1107, July 30, 2008, 122 Stat. 2672.)
Editorial Notes
REFERENCES IN TEXT
This chapter, referred to in subsec. (a), was in the
original ‘‘this title’’, meaning title XIII of Pub. L.
102–550, Oct. 28, 1992, 106 Stat. 3941, which is classified
principally to this chapter. For complete classification
of title XIII to the Code, see Short Title note set out
under section 4501 of this title and Tables.
AMENDMENTS
2008—Subsec. (a). Pub. L. 110–289, § 1107(1), added sub-
sec. (a) and struck out former subsec. (a). Prior to
amendment, text read as follows: ‘‘The Director shall
issue any regulations and orders necessary to carry out
the duties of the Director and to carry out this chapter
before the expiration of the 18-month period beginning
on the appointment of the Director under section 4512
of this title. Such regulations and orders shall be sub-
ject to the approval of the Secretary only to the extent
provided in subsections (b) and (c) of section 4513 of this
title.’’
Subsec. (c). Pub. L. 110–289, § 1107(2), struck out sub-
sec. (c). Text read as follows: ‘‘The Director may not
publish any regulation
Source: Supplied 2024 U.S. Code historical extraction · 12 U.S.C. § 4526
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