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Code · U.S. Code · Title 12 - BANKS AND BANKING · CHAPTER 34— FEDERAL FINANCIAL INSTITUTIONS EXAMINATION COUNCIL · § 3303

§ 3303. Financial Institutions Examination Council

384 words·~2 min read·/usc/title-12/section-3303

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

(a)Establishment; composition There is established the Financial Institutions Examination Council which shall consist of—
(1)the Comptroller of the Currency,
(2)the Chairman of the Board of Directors of the Federal Deposit Insurance Corporation,
(3)a Governor of the Board of Governors of the Federal Reserve System designated by the Chairman of the Board,
(4)the Director of the Consumer Financial Protection Bureau,
(5)the Chairman of the National Credit Union Administration Board, and
(6)the Chairman of the State Liaison Committee.
(b)Chairmanship The members of the Council shall select the first chairman of the Council. Thereafter the chairmanship shall rotate among the members of the Council.
(c)Term of office The term of the Chairman of the Council shall be two years.
(d)Designation of officers and employees The members of the Council may, from time to time, designate other officers or employees of their respective agencies to carry out their duties on the Council.
(e)Compensation and expenses Each member of the Council shall serve without additional compensation but shall be entitled to reasonable expenses incurred in carrying out his official duties as such a member.
(Pub. L. 95–630, title X, § 1004, Nov. 10, 1978, 92 Stat. 3694; Pub. L. 101–73, title VII, § 744(a)(2), Aug. 9, 1989, 103 Stat. 438; Pub. L. 109–351, title VII, § 714(a), Oct. 13, 2006, 120 Stat. 1995; Pub. L. 111–203, title X, § 1091, July 21, 2010, 124 Stat. 2094.)
Connections59 cite this · traces to 2
Cited by 59 sections
statutes-at-large
bill
14 references not yet in our index
  • Pub. L. 95–630, title X, § 1004
  • 92 Stat. 3694
  • Pub. L. 101–73, title VII, § 744(a)(2)
  • 103 Stat. 438
  • Pub. L. 109–351, title VII, § 714(a)
  • 120 Stat. 1995
  • Pub. L. 111–203, title X, § 1091
  • 124 Stat. 2094
  • Pub. L. 111–203
  • Pub. L. 109–351, § 714(a)(1)
  • Pub. L. 109–351, § 714(a)(2)
  • Pub. L. 101–73
  • section 1100H of Pub. L. 111–203
  • section 2101 of Pub. L. 95–630
Citation graph
cites case law
§ 3303
Financial Institutions Examination Council
Bills×48
Stat.×5
U.S.C.×2
Stat. Comp.×1
Fed. Reg.×1
C.F.R.×1
Pub. L.×1
Pub. L.Pub. L. 95–630, title X, § 1004
Stat.92 Stat. 3694
Pub. L.Pub. L. 101–73, title VII, § 744(a)(2)
Stat.103 Stat. 438
Pub. L.Pub. L. 109–351, title VII, § 714(a)
Cites 16 · showing 7Cited by 59 across 7 sources
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