Title 12, Banks and BankingRelease 119-102

§4519 Authority to Provide for Review of Regulated Entities

Title 12 › CHAPTER 46 — GOVERNMENT SPONSORED ENTERPRISES › SUBCHAPTER I — SUPERVISION AND REGULATION OF ENTERPRISES › Part A — Financial Safety and Soundness Regulator › § 4519

Last updated Aug 21, 2026|Official source

Summary

The Director can hire any person or organization to review the regulated entities. The Director also decides the contract terms and conditions for that work.

Full Legal Text

Title 12, §4519

Banks and Banking, Source: USLM XML via OLRC

The Director may, on such terms and conditions as the Director deems appropriate, contract with any entity to conduct a review of the regulated entities.

Legislative History

Notes & Related Subsidiaries

Editorial Notes

Amendments

2010—Pub. L. 111–203 struck out “that is a nationally recognized statistical rating organization, as such term is defined in section 78c(a) of title 15,” after “entity”. 2008—Pub. L. 110–289 substituted “regulated entities” for “enterprises by rating organization” in section catchline and “regulated entities” for “enterprises” in text. 2006—Pub. L. 109–291 substituted “that is a nationally recognized statistical rating organization, as such term is defined in section 78c(a) of title 15” for “effectively recognized by the Division of Market Regulation of the Securities and Exchange Commission as a nationally recognized statistical rating organization for the purposes of the capital rules for broker-dealers”.

Statutory Notes and Related Subsidiaries

Effective Date

of 2010 AmendmentAmendment by Pub. L. 111–203 effective 2 years after July 21, 2010, see section 939(g) of Pub. L. 111–203, set out as a note under section 24a of this title.

Reference

Citations & Metadata

Citation

12 U.S.C. § 4519

Title 12, Banks and Banking

Last Updated

Aug 21, 2026

Release point: 119-102