WHAT THE LAW DOINCongress, in plain words

The law › Title 12, Banks and Banking › Chapter 16

12 U.S.C. 1812: Management

Created in 1959 by Public Law 86-230. Changed by 5 later laws. 1 bill in this Congress would change it.

This Congress

  • H.R. 6955 Main Street Capital Access Act · passed house · would change (c)

How it got here

2010

  • Pub. L. 111–203, §336(a)(1), substituted "Director of the Consumer Financial Protection Bureau" for "Director of the Office of Thrift Supervision". (Dodd-Frank Wall Street Reform and Consumer Protection Act) Law text · (a)
  • Pub. L. 111–203, §336(a)(2), amended par. (2) generally. Prior to amendment, text read as follows: "In the event of a vacancy in the office of the Comptroller of the Currency or the office of Director of the Office of Thrift Supervision and pending the appointment of a successor, or… (Dodd-Frank Wall Street Reform and Consumer Protection Act) Law text · (d)
  • Pub. L. 111–203, §336(a)(3), substituted "Consumer Financial Protection Bureau" for "Office of Thrift Supervision". (Dodd-Frank Wall Street Reform and Consumer Protection Act) Law text · (f)

1996

  • Pub. L. 104–208 inserted ", 1 of whom shall have State bank supervisory experience" before period at end. (Magnuson-Stevens Fishery Conservation and Management Act) Law text · (a)

1991

  • Pub. L. 102–18 added subsec. (f). · (f)

1989

  • Pub. L. 101–73 amended section generally, designating existing provisions as subsecs. (a) to (e), and making other changes relating to the make-up and operation of the Board.

1983

  • Pub. L. 98–181 inserted provision that each such appointive member may continue to serve after the expiration of his term until a successor has been appointed and qualified.

1959

  • Pub. L. 86–230 provided for membership of Acting Comptroller of the Currency on Board of Directors during absence or disability of Comptroller instead of only during his absence from Washington.

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.