WHAT THE LAW DOINCongress, in plain words

The law › Title 12, Banks and Banking › Chapter 46

12 U.S.C. 4518: Prohibition and withholding of executive compensation

Created in 1992 by Public Law 102-550. Changed by 1 later law. No bill we track in this Congress changes it.

3 other sections of the Code cite this one, including 12 U.S.C. 1427, 12 U.S.C. 1452, 12 U.S.C. 1723a.

2 parts of federal rules cite it as their authority, written by Federal Housing Finance Agency (2).

This Congress

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

    How it got here

    2008

    • Pub. L. 110–289, §1113(a)(1), substituted "and withholding of executive" for "of excessive" in section catchline. (Housing and Economic Recovery Act of 2008) Law text
    • Pub. L. 110–289, §1113(a)(2), substituted "regulated entity" for "enterprise" and "regulated entities" for "enterprises". (Housing and Economic Recovery Act of 2008) Law text · (a)
    • Pub. L. 110–289, §1113(a)(3), (4), added subsecs. (b) and (c) and redesignated former subsec. (b) as (d). (Housing and Economic Recovery Act of 2008) Law text · (b), (c), (d)
    • Pub. L. 110–289, §1114, added subsec. (e). (Housing and Economic Recovery Act of 2008) Law text · (e)

    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.