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Code · STATUTE-COMPILATIONS · Compilation 10705 · Sec. 1379B

Sec. 1379B. PUBLIC DISCLOSURE OF FINAL ORDERS AND AGREEMENTS.75

441 words·~2 min read·/statute-compilations/comps-10705/sec-1379b

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## SEC. 1379B PUBLIC DISCLOSURE OF FINAL ORDERS AND AGREEMENTS.75 **[**[12 U.S.C. 4639](/us/usc/t12/s4639)**]** 75Section 1158 of the Housing and Economic Recovery Act of 2008, Public Law 110–289, 122 Stat. 2778, amended section 1379B of the Federal Housing Enterprises Financial Safety and Soundness Act of 1992 in various places. However, section 1153(a)(1) of such Public Law, 122 Stat. 2770, redesignated sections 1379 and 1379B as sections 1379B and 1379D, respectively. The amendments made by such section 1158 cannot be executed to section 1379B, as so redesignated, and are shown in this compilation as executed to section 1379D, as so redesignated. ###
(a)In General The Director shall make available to the public— ####
(1)any written agreement or other written statement for which a violation may be redressed by the Director or any modification to or termination thereof, unless the Director, in the Director's discretion, determines that public disclosure would be contrary to the public interest; ####
(2)any order that is issued with respect to any administrative enforcement proceeding initiated by the Director under this subtitle and that has become final in accordance with sections 1373 and 1374; and ####
(3)any modification to or termination of any final order made public pursuant to this subsection. ###
(b)Hearings All hearings on the record with respect to any notice of charges issued by the Director shall be open to the public, unless the Director, in the Director's discretion, determines that holding an open hearing would be contrary to the public interest. ###
(c)Delay of Public Disclosure Under Exceptional Circumstances If the Director makes a determination in writing that the public disclosure of any final order pursuant to subsection
(a)would seriously threaten the financial health or security of the regulated entity, the Director may delay the public disclosure of such order for a reasonable time. ###
(d)Documents Filed Under Seal in Public Enforcement Hearings The Director may file any document or part thereof under seal in any hearing commenced by the Director if the Director determines in writing that disclosure thereof would be contrary to the public interest. ###
(e)Retention of Documents The Director shall keep and maintain a record, for not less than 6 years, of all documents described in subsection
(a)and all enforcement agreements and other supervisory actions and supporting documents issued with respect to or in connection with any enforcement proceeding initiated by the Director under this subtitle or any other law. ###
(f)Disclosures to Congress This section may not be construed to authorize the withholding, or to prohibit the disclosure, of any information to the Congress or any committee or subcommittee thereof.
Connectionstraces to 1
3 references not yet in our index
  • Pub. L. 110-289
  • 122 Stat. 2778
  • 122 Stat. 2770
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Sec. 1379B
PUBLIC DISCLOSURE OF FINAL ORDERS AND AGREEMENTS.75
Pub. L.Pub. L. 110-289
Stat.122 Stat. 2778
Stat.122 Stat. 2770
Cites 4Cited by 0 across 0 sources
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