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Code · U.S. Code · Title 12 - BANKS AND BANKING · CHAPTER 16— FEDERAL DEPOSIT INSURANCE CORPORATION · § 1811

§ 1811. Federal Deposit Insurance Corporation

8,373 words·~38 min read·/usc/title-12/section-1811

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

(a)Establishment of Corporation There is hereby established a Federal Deposit Insurance Corporation (hereinafter referred to as the “Corporation”) which shall insure, as hereinafter provided, the deposits of all banks and savings associations which are entitled to the benefits of insurance under this chapter, and which shall have the powers hereinafter granted.
(b)Asset disposition division
(1)Establishment The Corporation shall have a separate division of asset disposition.
(2)Management The division of asset disposition shall have an administrator who shall be appointed by the Board of Directors.
(3)Responsibilities of division The division of asset disposition shall carry out all of the responsibilities of the Corporation under this chapter relating to the liquidation of insured depository institutions and the disposition of assets of such institutions.
(Sept. 21, 1950, ch. 967, § 2[1], 64 Stat. 873; Pub. L. 101–73, title II, § 202, Aug. 9, 1989, 103 Stat. 188; Pub. L. 103–204, § 22(a), Dec. 17, 1993, 107 Stat. 2407.)
Connections829 cite this · traces to 31
Cited by 829 sections · top 60
U.S. Code
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Traces to 31 documents
140 references not yet in our index
  • Sept. 21, 1950, ch. 967, § 2
  • 64 Stat. 873
  • Pub. L. 101–73, title II, § 202
  • 103 Stat. 188
  • Pub. L. 103–204, § 22(a)
  • 107 Stat. 2407
  • act June 16, 1933, ch. 89, § 8
  • 48 Stat. 168
  • act Dec. 23, 1913, ch. 6
  • 38 Stat. 103
  • Act Dec. 23, 1913, ch. 6, § 12B
  • June 16, 1933, ch. 89, § 8
  • June 16, 1934, ch. 546, § 1(1)
  • 48 Stat. 969
  • June 28, 1935, ch. 335
  • 49 Stat. 435
  • Aug. 23, 1935, ch. 614, § 101
  • 49 Stat. 684
  • Apr. 21, 1936, ch. 244
  • 49 Stat. 1237
  • May 25, 1938, ch. 276
  • 52 Stat. 442
  • June 16, 1938, ch. 489
  • 52 Stat. 767
  • June 20, 1939, ch. 214, § 2
  • 53 Stat. 842
  • Apr. 13, 1943, ch. 62, § 1
  • 57 Stat. 65
  • Aug. 5, 1947, ch. 492
  • 61 Stat. 773
  • June 25, 1948, ch. 645, § 21
  • 62 Stat. 862
  • Oct. 15, 1949, ch. 695, § 4
  • 63 Stat. 880
  • Aug. 17, 1950, ch. 729
  • 64 Stat. 457
  • Pub. L. 103–204
  • Pub. L. 101–73
  • Pub. L. 103–204, § 22(b)
  • Pub. L. 111–203, title VI, § 601
+ 100 more
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§ 1811
Federal Deposit Insurance Corporation
Bills×257
Fed. Reg.×190
U.S.C.×174
Stat.×126
C.F.R.×50
Stat. Comp.×25
Pub. L.×7
ActSept. 21, 1950, ch. 967, § 2
Stat.64 Stat. 873
Pub. L.Pub. L. 101–73, title II, § 202
Cites 171 · showing 12Cited by 829 across 7 sources
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