WHAT THE LAW DOINCongress, in plain words

The law › Title 12, Banks and Banking › Chapter 39

12 U.S.C. 3803: Alternative mortgage authority

Created in 1982 by Public Law 97-320. Changed by 2 later laws. No bill we track in this Congress changes it.

2 other sections of the Code cite this one, including 12 U.S.C. 1715z–20, 12 U.S.C. 3804.

2 parts of federal rules cite it as their authority, written by Comptroller of the Currency, Department of the Treasury (1), Consumer Financial Protection Bureau (1).

This Congress

No bill we track in the 119th Congress changes this section.

    How it got here

    2010

    • Pub. L. 111–203, §1083(a)(2)(A)(i), inserted "on or before the designated transfer date, as determined under section 1062 of the Consumer Financial Protection Act of 2010," after "transactions made". (Dodd-Frank Wall Street Reform and Consumer Protection Act) Law text · (a), (2), (3)
    • Pub. L. 111–203, §1083(a)(2)(A)(ii)–(iv), added par. (4). (Dodd-Frank Wall Street Reform and Consumer Protection Act) Law text · (a)
    • Pub. L. 111–203, §1083(a)(2)(B), added subsec. (c) and struck out former subsec. (c). Prior to amendment, text read as follows: "An alternative mortgage transaction may be made by a housing creditor in accordance with this section, notwithstanding any State constitution, law, or regula… (Dodd-Frank Wall Street Reform and Consumer Protection Act) Law text · (c)
    • Pub. L. 111–203, §1083(a)(2)(C), added subsecs. (d) and (e). (Dodd-Frank Wall Street Reform and Consumer Protection Act) Law text · (d), (e)

    1989

    • Pub. L. 101–73 substituted "Director of the Office of Thrift Supervision" for "Federal Home Loan Bank Board" wherever appearing. · (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.