Sec. 4011. TEMPORARY LENDING LIMIT WAIVER
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## SEC. 4011 TEMPORARY LENDING LIMIT WAIVER ###
(a)In General Section 5200 of the Revised Statutes of the United States (12 U.S.C. 84) is amended— ####
(1)in subsection (c)(7)— #####
(A)by inserting “any nonbank financial company (as that term is defined in section 102 of the Financial Stability Act of 2010 (12 U.S.C. 5311)),” after “Loans or extensions of credit to”; and #####
(B)by striking “financial institution or to” and inserting “financial institution, or to”; and ####
(2)in subsection (d), by adding at the end of paragraph
(1)the following: “The Comptroller of the Currency may, by order, exempt any transaction or series of transactions from the requirements of this section upon a finding by the Comptroller that such exemption is in the public interest and consistent with the purposes of this section.”. ###
(b)Effective Period **[**[12 U.S.C. 84 note](/us/usc/t12/s84)**]** This section, and the amendments made by this section, shall be effective during the period beginning on the date of enactment of this Act and ending on the sooner of— ####
(1)the termination date of the national emergency concerning the novel coronavirus disease (COVID-19) outbreak declared by the President on March 13, 2020 under the National Emergencies Act (50 U.S.C. 1601 et seq.); or ####
(2)December 31, 2020.
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