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Code · U.S. Code · Title 12 - BANKS AND BANKING · CHAPTER 34— FEDERAL FINANCIAL INSTITUTIONS EXAMINATION COUNCIL · § 3307

§ 3307. Administration

364 words·~2 min read·/usc/title-12/section-3307

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

(a)Authority of Chairman of Council The Chairman of the Council is authorized to carry out and to delegate the authority to carry out the internal administration of the Council, including the appointment and supervision of employees and the distribution of business among members, employees, and administrative units.
(b)Use of personnel, services, and facilities of Federal financial institutions regulatory agencies, Federal Reserve banks, and Federal Home Loan Banks in 1 addition to any other authority conferred upon it by this chapter, in carrying out its functions under this chapter, the Council may utilize, with their consent and to the extent practical, the personnel, services, and facilities of the Federal financial institutions regulatory agencies, Federal Reserve banks, and Federal Home Loan Banks, with or without reimbursement therefor.
(c)Compensation, authority, and duties of officers and employees; experts and consultants In addition, the Council may—
(1)subject to the provisions of title 5 relating to the competitive service, classification, and General Schedule pay rates, appoint and fix the compensation of such officers and employees as are necessary to carry out the provisions of this chapter, and to prescribe the authority and duties of such officers and employees; and
(2)obtain the services of such experts and consultants as are necessary to carry out the provisions of this chapter.
(Pub. L. 95–630, title X, § 1008, Nov. 10, 1978, 92 Stat. 3696.)
Connections5 cite this · traces to 2
4 references not yet in our index
  • 1
  • Pub. L. 95–630, title X, § 1008
  • 92 Stat. 3696
  • section 2101 of Pub. L. 95–630
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cites case law
§ 3307
Administration
Fed. Reg.×4
Stat.×1
Cite1
Pub. L.Pub. L. 95–630, title X, § 1008
Stat.92 Stat. 3696
Pub. L.section 2101 of Pub. L. 95–630
Cites 6Cited by 5 across 2 sources
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