The law › Title 12, Banks and Banking › Chapter 53

12 U.S.C. 5384: Orderly liquidation of covered financial companies

Created in 2010 by the Dodd-Frank Wall Street Reform and Consumer Protection Act (Public Law 111-203). 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. 5383, 12 U.S.C. 5385, 12 U.S.C. 5390.

How it got hereLaws that created or changed it, newest first

2015Consolidated Appropriations Act, 2016

2010Dodd-Frank Wall Street Reform and Consumer Protection Actcreated it

12 U.S.C. 5384Orderly liquidation of covered financial companies

(a)Purpose of orderly liquidation authority

(b)Corporation as receiver

(c)Consultation

(d)Funding for orderly liquidation

This CongressBills that change it or would

None we track

past change
enacted this Congress
proposed

This Congress

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

How it got here

2015

Pub. L. 114–113 inserted ", except that, if the covered financial company or covered subsidiary is an insurance company or a subsidiary of an insurance company, the Corporation—" and subpars. (A) and (B) before semicolon at end. (Consolidated Appropriations Act, 2016) Law text · (d)

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.