Title 12 — Banks and BankingRelease 119-73
§406 REPORT.
Title 12 › Chapter CHAPTER 11— - FEDERAL HOME LOAN BANKS › § 406
Summary
The FHLBB chair must send a final FSLIC accounting to the Treasury, the OMB Director, and Congress within 60 days after Aug. 9, 1989.
Full Legal Text
Title 12, §406
Banks and Banking — Source: USLM XML via OLRC
“Before the end of the 60-day period beginning on the date of the enactment of this Act [Aug. 9, 1989], the Chairman of the Federal Home Loan Bank Board shall provide by written report to the Secretary of the Treasury, the Director of the Office of Management and Budget, and the Congress, a final accounting of the finances and operations of the Federal Savings and Loan Insurance Corporation.”
Reference
Citations & Metadata
Citation
12 U.S.C. § 406
Title 12 — Banks and Banking
Last Updated
Apr 6, 2026
Release point: 119-73