WHAT THE LAW DOINCongress, in plain words

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

12 U.S.C. 4616: Supervisory actions applicable to significantly undercapitalized regulated entities

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. 4615, 12 U.S.C. 4617, 12 U.S.C. 4618.

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, §1144(3), substituted "A regulated entity" for "An enterprise". (Housing and Economic Recovery Act of 2008) Law text · (a)
    • Pub. L. 110–289, §1144(1)–(3), substituted "A regulated entity" for "An enterprise" in two places, "the regulated entity" for "the enterprise", and, in second sentence, "undercapitalized" for "undercapitalized enterprise". (Housing and Economic Recovery Act of 2008) Law text · (a)
    • Pub. L. 110–289, §1144(2), (4), substituted "a regulated entity" for "an enterprise" and "the regulated entity" for "the enterprise" wherever appearing. (Housing and Economic Recovery Act of 2008) Law text · (a)
    • Pub. L. 110–289, §1144(4), (5)(A), (B), substituted "Specific" for "Discretionary supervisory" in heading and "shall carry out this section by taking, at any time, 1 or more" for "may, at any time, take any" and "a regulated entity" for "an enterprise" in introductory provisions. (Housing and Economic Recovery Act of 2008) Law text · (b)
    • Pub. L. 110–289, §1144(2), substituted "the regulated entity" for "the enterprise" wherever appearing. (Housing and Economic Recovery Act of 2008) Law text · (b)
    • Pub. L. 110–289, §1144(5)(E), added par. (5). Former par. (5) redesignated (6). (Housing and Economic Recovery Act of 2008) Law text · (b)
    • Pub. L. 110–289, §1144(2), (4), substituted "a regulated entity" for "an enterprise" in introductory provisions and "the regulated entity" for "the enterprise" wherever appearing. (Housing and Economic Recovery Act of 2008) Law text · (b)
    • Pub. L. 110–289, §1144(5)(C), (D), redesignated par. (5) as (6) and struck out former par. (6) which permitted the Director to appoint a conservator. (Housing and Economic Recovery Act of 2008) Law text · (b)
    • Pub. L. 110–289, §1144(5)(F), added par. (7). (Housing and Economic Recovery Act of 2008) Law text · (b)
    • Pub. L. 110–289, §1144(6), added subsec. (c) and struck out former subsec. (c). Prior to amendment, text read as follows: "This section shall take effect upon the first classification of the enterprises within capital classifications that occurs under section 4614 of this title." (Housing and Economic Recovery Act of 2008) Law text · (c)

    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.