Sec. 119. ENFORCEMENT
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## SEC. 119 ENFORCEMENT **[**[12 U.S.C. 4717](/us/usc/t12/s4717)**]** ###
(a)Regulations ####
(1)In general Not later than 180 days after the appointment and qualification of the Administrator, the Fund shall promulgate such regulations as may be necessary to carry out this subtitle. ####
(2)Regulations required The regulations promulgated under paragraph
(1)shall include regulations applicable to community development financial institutions that are not insured depository institutions to— #####
(A)prevent conflicts of interest on the part of directors, officers, and employees of community development financial institutions as the Fund determines to be appropriate; and #####
(B)establish such standards with respect to loans by a community development financial institution to any director, officer, or employee of such institution as the Fund determines to be appropriate, including loan amount limitations. ###
(b)Administrative Enforcement The provisions of this subtitle, and regulations prescribed and agreements entered into under this subtitle, shall be enforced under section 8 of the Federal Deposit Insurance Act by the appropriate Federal banking agency, in the case of an insured community development financial institution. A violation of this subtitle, or any regulation prescribed under or any agreement entered into under this subtitle, shall be treated as a violation of the Federal Deposit Insurance Act. **[**Subsection
(c)amended another law.**]** **[**Section 120 amended another law.**]**
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U.S. Code