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Code · U.S. Code · Title 12 - BANKS AND BANKING · CHAPTER 12— SAVINGS ASSOCIATIONS · § 1462a

§ 1462a. Administrative provisions

953 words·~4 min read·/usc/title-12/section-1462a

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

(a)Powers In accordance with subtitle A of title III of the Dodd-Frank Wall Street Reform and Consumer Protection Act, the appropriate Federal banking agency shall have all powers which—
(1)were vested in the Federal Home Loan Bank Board (in the Board’s capacity as such) or the Chairman of such Board on the day before the date of the enactment of the Financial Institutions Reform, Recovery, and Enforcement Act of 1989 [Aug. 9, 1989]; and
(2)were not—
(A)transferred to the Federal Deposit Insurance Corporation, the Federal Housing Finance Board, the Resolution Trust Corporation, or the Federal Home Loan Mortgage Corporation pursuant to any amendment made by such Act; or
(B)established under any provision of law repealed by such Act.
(b)State homestead provisions No provision of this chapter or any other provision of law administered by the appropriate Federal banking agency shall be construed as superseding any homestead provision of any State constitution, including any implementing State statute, in effect on September 29, 1994, or any subsequent amendment to such a State constitutional or statutory provision in effect on September 29, 1994, that exempts the homestead of any person from foreclosure, or forced sale, for the payment of all debts, other than a purchase money obligation relating to the homestead, taxes due on the homestead, or an obligation arising from work and material used in constructing improvements on the homestead.
(June 13, 1933, ch. 64, § 3, as added Pub. L. 101–73, title III, § 301, Aug. 9, 1989, 103 Stat. 278; amended Pub. L. 103–325, title III, § 331(c), Sept. 23, 1994, 108 Stat. 2232; Pub. L. 103–328, title I, § 102(b)(5), Sept. 29, 1994, 108 Stat. 2352; Pub. L. 109–351, title VII, § 712, Oct. 13, 2006, 120 Stat. 1994; Pub. L. 111–203, title III, § 369(3), July 21, 2010, 124 Stat. 1558.)
Connections361 cite this · traces to 5
Cited by 361 sections · top 60
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26 references not yet in our index
  • June 13, 1933, ch. 64, § 3
  • Pub. L. 101–73, title III, § 301
  • 103 Stat. 278
  • Pub. L. 103–325, title III, § 331(c)
  • 108 Stat. 2232
  • Pub. L. 103–328, title I, § 102(b)(5)
  • 108 Stat. 2352
  • Pub. L. 109–351, title VII, § 712
  • 120 Stat. 1994
  • Pub. L. 111–203, title III, § 369(3)
  • 124 Stat. 1558
  • Pub. L. 111–203
  • 124 Stat. 1376
  • Pub. L. 101–73
  • 103 Stat. 183
  • Pub. L. 101–73, § 301
  • Pub. L. 111–203, § 369(3)(A)
  • Pub. L. 111–203, § 369(3)(B)
  • Pub. L. 111–203, § 369(3)(D)
  • Pub. L. 111–203, § 369(3)(E)
  • Pub. L. 109–351, § 712(b)
  • Pub. L. 109–351, § 712(a)
  • Pub. L. 103–325, § 331(c)(1)
  • Pub. L. 103–325, § 331(c)(2)
  • Pub. L. 103–328
  • section 351 of Pub. L. 111–203
Citation graph
cites case law
§ 1462a
Administrative provisions
Fed. Reg.×337
C.F.R.×13
U.S.C.×5
Stat.×4
Stat. Comp.×2
ActJune 13, 1933, ch. 64, § 3
Pub. L.Pub. L. 101–73, title III, § 301
Stat.103 Stat. 278
Pub. L.Pub. L. 103–325, title III, § 331(c)
Stat.108 Stat. 2232
Cites 31 · showing 10Cited by 361 across 5 sources
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