12 U.S.C. 371c: Banking affiliates

2010

• Pub. L. 111–203, §608(a)(1)(A), added subpar. (D) and struck out former subpar. (D) which read as follows: (Dodd-Frank Wall Street Reform and Consumer Protection Act) Law text · (b)
• Pub. L. 111–203, §608(a)(1)(B)(i), inserted ", including a purchase of assets subject to an agreement to repurchase" before semicolon at end. (Dodd-Frank Wall Street Reform and Consumer Protection Act) Law text · (b)
• Pub. L. 111–203, §608(a)(1)(B)(ii), struck out ", including assets subject to an agreement to repurchase," after "purchase of assets". (Dodd-Frank Wall Street Reform and Consumer Protection Act) Law text · (b)
• Pub. L. 111–203, §608(a)(1)(B)(iii)(I), inserted "or other debt obligations" after "acceptance of securities". (Dodd-Frank Wall Street Reform and Consumer Protection Act) Law text · (b)
• Pub. L. 111–203, §608(a)(1)(B)(iii)(II), (iv), added subpars. (F) and (G). (Dodd-Frank Wall Street Reform and Consumer Protection Act) Law text · (b), (G)
• Pub. L. 111–203, §608(a)(2)(A)(i), substituted "subsidiary, and any credit exposure of a member bank or a subsidiary to an affiliate resulting from a securities borrowing or lending transaction, or a derivative transaction, shall be secured at all times" for "subsidiary shall be sec… (Dodd-Frank Wall Street Reform and Consumer Protection Act) Law text · (c)
• Pub. L. 111–203, §608(a)(2)(A)(ii), substituted "letter of credit, or credit exposure" for "or letter of credit". (Dodd-Frank Wall Street Reform and Consumer Protection Act) Law text · (c)
• Pub. L. 111–203, §608(a)(2)(D), inserted ", or credit exposure to an affiliate resulting from a securities borrowing or lending transaction, or derivative transaction" before period at end. (Dodd-Frank Wall Street Reform and Consumer Protection Act) Law text · (c)
• Pub. L. 111–203, §608(a)(2)(B), (C), redesignated par. (3) as (2) and struck out former par. (2) which read as follows: "Any such collateral that is subsequently retired or amortized shall be replaced by additional eligible collateral where needed to keep the percentage of the collateral value rela… (Dodd-Frank Wall Street Reform and Consumer Protection Act) Law text · (c)
• Pub. L. 111–203, §608(a)(2)(E), inserted "or other debt obligations" after "securities" and substituted "guarantee, acceptance, or letter of credit issued on behalf of, or credit exposure from a securities borrowing or lending transaction, or derivative transaction to," for "or guar… (Dodd-Frank Wall Street Reform and Consumer Protection Act) Law text · (c)
• Pub. L. 111–203, §608(a)(2)(C), redesignated par. (4) as (3). Former par. (3) redesignated (2). (Dodd-Frank Wall Street Reform and Consumer Protection Act) Law text · (c)
• Pub. L. 111–203, §608(a)(2)(C), redesignated par. (5) as (4). Former par. (4) redesignated (3). (Dodd-Frank Wall Street Reform and Consumer Protection Act) Law text · (c), (5)
• Pub. L. 111–203, §608(a)(3), substituted "issuing a guarantee, acceptance, or letter of credit on behalf of, or having credit exposure resulting from a securities borrowing or lending transaction, or derivative transaction to," for "or issuing a guarantee, acceptance, or letter of c… (Dodd-Frank Wall Street Reform and Consumer Protection Act) Law text · (d)
• Pub. L. 111–203, §609(a), redesignated par. (4) as (3) and struck out former par. (3). Prior to amendment, text of par. (3) read as follows: (Dodd-Frank Wall Street Reform and Consumer Protection Act) Law text · (e), (4)
• Pub. L. 111–203, §608(a)(4)(A)(iii), which directed "striking the Board and inserting" subpar. (A) designation and heading, followed by "The Board", was executed by inserting subpar. (A) designation and heading before "The Board" as it appeared, to reflect the probable intent of Con… (Dodd-Frank Wall Street Reform and Consumer Protection Act) Law text · (f)
• Pub. L. 111–203, §608(a)(4)(A)(ii), substituted "if—" for "if it finds such exemptions to be in the public interest and consistent with the purposes of this section." and added cls. (i) and (ii). (Dodd-Frank Wall Street Reform and Consumer Protection Act) Law text · (f)
• Pub. L. 111–203, §608(a)(4)(A)(i), struck out "or order" after "regulation". (Dodd-Frank Wall Street Reform and Consumer Protection Act) Law text · (f)
• Pub. L. 111–203, §608(a)(4)(A)(iv), added subpar. (B). (Dodd-Frank Wall Street Reform and Consumer Protection Act) Law text · (f)
• Pub. L. 111–203, §608(a)(4)(B), added par. (4). (Dodd-Frank Wall Street Reform and Consumer Protection Act) Law text · (f)

1999

• Pub. L. 106–102, §121(b)(2), added par. (11). (Gramm-Leach-Bliley Act) Law text · (b)
• Pub. L. 106–102, §121(b)(1)(B), added subsec. (e). Former subsec. (e) redesignated (f). (Gramm-Leach-Bliley Act) Law text · (e)
• Pub. L. 106–102, §121(b)(1)(A), (3), redesignated subsec. (e) as (f) and added par. (3). (Gramm-Leach-Bliley Act) Law text · (f)

1983

• Pub. L. 97–457, §22(1), substituted "subject to the prohibition contained in subsection (a)(3)" for "except for the purchase of a low-quality asset which is prohibited". · (d)
• Pub. L. 97–457, §22(2), inserted ", subject to the prohibition contained in subsection (a)(3)," after "market quotation or". · (d)

1982

• Pub. L. 97–320 amended section generally by substituting provisions in lettered subsections relating to restrictions on transactions with affiliates, collateral for such transactions, exemptions for certain transactions and rulemaking and additional exemptions, for prior undesignated paragraphs whi…

1966

• Pub. L. 89–485 added last three pars. and struck out from third par. introductory statement that term "affiliate" shall include holding company affiliates as well as other affiliates, respectively. Such added pars. make "extension of credit" cover all purchases under repurchase agreements and the d…

1959

• Pub. L. 86–230 struck out from second and third pars. references to Home Owners' Loan Corporation after Federal Home Loan Banks.