The law › Title 12, Banks and Banking › Chapter 11
12 U.S.C. 1441b: Resolution Funding Corporation established
Created in 1989 by Public Law 101-73. Changed by 7 later laws. No bill we track in this Congress changes it.
4 other sections of the Code cite this one, including 12 U.S.C. 1426, 12 U.S.C. 1436, 12 U.S.C. 1441, 12 U.S.C. 1821a.
2 parts of federal rules cite it as their authority, written by Department of the Treasury (2).
- past change
- enacted this Congress
- proposed
This Congress
No bill we track in the 119th Congress changes this section.
How it got here
2008
- Pub. L. 110–289, §1204(12), substituted "Director" for "Federal Housing Finance Board" wherever appearing. (Housing and Economic Recovery Act of 2008) Law text · (c), (e)
- Pub. L. 110–289, §1204(8)–(10), substituted, in cls. (ii) and (iii), "The Director" for "The Board" and, in cl. (iv), "the Director" for "the Board" before "extends" and "the Director" for "the Finance Board" before "shall reduce". (Housing and Economic Recovery Act of 2008) Law text · (f)
- Pub. L. 110–289, §1213, added cl. (v). (Housing and Economic Recovery Act of 2008) Law text · (f)
- Pub. L. 110–289, §1204(8), which directed amendment of the Federal Home Loan Bank Act (this chapter) by substituting "the Director" for "the Board" wherever appearing, was not executed to subsec. (k)(7)(B)(ii), to reflect the probable intent of Congress. (Housing and Economic Recovery Act of 2008) Law text · (k)
2006
- Pub. L. 109–171 repealed Pub. L. 104–208, §2704(d)(11)(E). See 1996 Amendment note below. (Deficit Reduction Act of 2005) Law text · (e)
- Pub. L. 109–173, §9(d)(7)(A), inserted "as of the date of funding" after "Savings Association Insurance Fund members" in subpars. (A) and (B). (Federal Deposit Insurance Reform Conforming Amendments Act of 2005) Law text · (e)
- Pub. L. 109–173, §9(d)(7)(B), struck out pars. (7) and (8) which related to additional sources to fund the Funding Corporation Principal Fund and a transfer of funds to the Resolution Trust Corporation in fiscal year 1989, respectively. (Federal Deposit Insurance Reform Conforming Amendments Act of 2005) Law text · (e), (8)
- Pub. L. 109–171 repealed Pub. L. 104–208, §2704(d)(5). See 1996 Amendment note below. (Deficit Reduction Act of 2005) Law text · (f), (II)
- Pub. L. 109–173, §9(d)(8)(A), in introductory provisions, inserted before colon ", the following definitions shall apply". (Federal Deposit Insurance Reform Conforming Amendments Act of 2005) Law text · (k)
- Pub. L. 109–173, §9(d)(8)(B), (C), redesignated pars. (9) and (10) as (8) and (9), respectively, and struck out heading and text of former par. (8). Text read as follows: "The term 'Savings Association Insurance Fund member' means a Savings Association Insurance member as su… (Federal Deposit Insurance Reform Conforming Amendments Act of 2005) Law text · (k)
- Pub. L. 109–171 repealed Pub. L. 104–208, §2704(d)(11)(F). See 1996 Amendment note below. (Deficit Reduction Act of 2005) Law text · (k)
1999
- Pub. L. 106–102 amended subpar. (C) generally, substituting present provisions for provisions requiring Federal Home Loan Banks to pay to the Funding Corporation each calendar year an amount sufficient to cover amount of interest payments made by the Corporation in that year, and… (Gramm-Leach-Bliley Act) Law text · (f)
1996
- Pub. L. 104–208, §2704(d)(11)(E), which directed the amendment of subsec. (e) by inserting, in par. (5), "as of the date of funding" after "Savings Association Insurance Fund members" in two places and by striking par. (7) and redesignating par. (8) as (7), was repealed by Pub. L. 109–… (Magnuson-Stevens Fishery Conservation and Management Act) Law text · (e)
- Pub. L. 104–208, §2704(d)(5), which directed the amendment of subcls. (I) and (II) by substituting "to insured depository institutions, and their successors, which were Savings Association Insurance Fund members on September 1, 1995" for "to Savings Associations Insu… (Magnuson-Stevens Fishery Conservation and Management Act) Law text · (f), (II)
- Pub. L. 104–208, §2704(d)(11)(F), which directed the amendment of subsec. (k) by striking par. (8) and redesignating pars. (9) and (10) as (8) and (9), respectively, was repealed by Pub. L. 109–171. See Effective Date of 1996 Amendment note below and 2006 Amendment note abov… (Magnuson-Stevens Fishery Conservation and Management Act) Law text · (k)
1992
- Pub. L. 102–550, §1613(a)(7), inserted "Thrift Depositor Protection" before "Oversight" in headings. · (c), (j)
- Pub. L. 102–550, §1613(a)(9), substituted "Thrift Depositor Protection Oversight" for "Oversight" in heading. · (k)
1991
- Pub. L. 102–233 substituted "Thrift Depositor Protection Oversight Board" for "Oversight Board" wherever appearing in text.
Text, outline and history from the official U.S. Code (2024 edition) on GovInfo, published by the Office of the Law Revision Counsel. Changes made after that edition appear under This Congress.