The law › Title 12, Banks and Banking › Chapter 11A

12 U.S.C. 1456: Immunity of Corporation; audits and reporting requirements; data collection; Housing Advisory Council

Created in 1970 by Public Law 91-351. Changed by 4 later laws. No bill we track in this Congress changes it.

8 other sections of the Code cite this one, including 12 U.S.C. 4514, 12 U.S.C. 4520, 12 U.S.C. 4543, 12 U.S.C. 4544, 12 U.S.C. 4546.

1 part of federal rules cite it as their authority, written by Office of Federal Housing Enterprise Oversight, Department of Housing and Urban Development (1).

How it got hereLaws that created or changed it, newest first

2008Housing and Economic Recovery Act of 2008

2004GAO Human Capital Reform Act of 2004

1992Pub. L. 102-550

1989Pub. L. 101-73

1970Pub. L. 91-351created it

12 U.S.C. 1456Immunity of Corporation; audits and reporting requirements; data collection; Housing Advisory Council

(a)Rights and remedies of Corporation; State qualifications or similar statutes

(b)Government audits; procedure; access to records, etc.; reimbursement of costs

(c)Financial reports; submission to Director; contents

(d)Independent audits of financial statements

(e)Mortgage data collection and reporting requirements

(f)Report on housing activities; contents; public disclosure

(g)Affordable Housing Advisory Council

This CongressBills that change it or would

None we track

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, §1161(c)(1), substituted "Director of the Federal Housing Finance Agency" for "Director of the Office of Federal Housing Enterprise Oversight of the Department of Housing and Urban Development". (Housing and Economic Recovery Act of 2008) Law text · (c)
Pub. L. 110–289, §1161(c)(3)(A), substituted "to the Director of the Federal Housing Finance Agency, in a form determined by the Director" for "to the Secretary, in a form determined by the Secretary" in introductory provisions. (Housing and Economic Recovery Act of 2008) Law text · (e), (2)
Pub. L. 110–289, §1161(c)(3)(B)(i), substituted "and the Director of the Federal Housing Finance Agency" for "and the Secretary". (Housing and Economic Recovery Act of 2008) Law text · (f)
Pub. L. 110–289, §1161(c)(3)(B)(ii), substituted "the Director of the Federal Housing Finance Agency" for "the Secretary". (Housing and Economic Recovery Act of 2008) Law text · (f), (L)
Pub. L. 110–289, §1161(c)(3)(B)(iii), substituted "Director of the Federal Housing Finance Agency" for "Secretary". (Housing and Economic Recovery Act of 2008) Law text · (f)

2004

Pub. L. 108–271 substituted "Government Accountability Office" for "General Accounting Office" wherever appearing. (GAO Human Capital Reform Act of 2004) Law text · (b)

1992

Pub. L. 102–550, §1382(o), designated existing provisions as par. (1), substituted "The programs, activities, receipts, expenditures, and financial transactions of the Corporation shall be subject to audit by the Comptroller General of the United States under such rules and regulations… · (b)
Pub. L. 102–550, §1382(p)–(t), added subsecs. (c) to (g). · (c), (d), (e), (f), (g)

1989

Pub. L. 101–73 substituted "The Corporation is authorized to conduct its business without regard to any qualification or similar statute in any State." for "The Corporation shall be entitled to all immunities and priorities, including without limitation on the generality of the foregoi… · (a)

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.