Title 12, Banks and BankingRelease 119-102

§5415 References in Federal Law to Federal Banking Agencies

Title 12 › CHAPTER 53 — WALL STREET REFORM AND CONSUMER PROTECTION › SUBCHAPTER III — TRANSFER OF POWERS TO THE COMPTROLLER OF THE CURRENCY, THE CORPORATION, AND THE BOARD OF GOVERNORS › Part A — Transfer of Powers and Duties › § 5415

Last updated Aug 21, 2026|Official source

Summary

On and after the transfer date, whenever a federal law mentions the Director of the Office of Thrift Supervision or the Office of Thrift Supervision for a function moved under section 5412(b) or any other part of this subtitle, that reference must be read to mean the proper successor named in subtitle E. That can include the Comptroller of the Currency, the Office of the Comptroller of the Currency, the Corporation or its Chairperson, or the Board of Governors or its Chairman.

Full Legal Text

Title 12, §5415

Banks and Banking, Source: USLM XML via OLRC

On and after the transfer date, any reference in Federal law to the Director of the Office of Thrift Supervision or the Office of Thrift Supervision, in connection with any function of the Director of the Office of Thrift Supervision or the Office of Thrift Supervision transferred under section 5412(b) of this title or any other provision of this subtitle, shall be deemed to be a reference to the Comptroller of the Currency, the Office of the Comptroller of the Currency, the Chairperson of the Corporation, the Corporation, the Chairman of the Board of Governors, or the Board of Governors, as appropriate and consistent with the amendments made in subtitle E.

Legislative History

Notes & Related Subsidiaries

Editorial Notes

References in Text

This subtitle, referred to in text, is subtitle A (§§ 311–319) of title III of Pub. L. 111–203,
July 21, 2010, 124 Stat. 1520, which enacted this part and section 4b and 16 of this title, amended section 1, 11, 248, 481, 482, 1813, and 1820 of this title and section 3502 of Title 44, Public Printing and Documents, and enacted provisions set out as notes under section 1 and 16 of this title. For complete classification of subtitle A to the Code, see Tables. Subtitle E, referred to in text, is subtitle E (§ 351–378) of title III of Pub. L. 111–203,
July 21, 2010, 124 Stat. 1546. For complete classification of subtitle E to the Code, see Tables.

Statutory Notes and Related Subsidiaries

Effective Date

Section effective 1 day after July 21, 2010, except as otherwise provided, see section 4 of Pub. L. 111–203, set out as a note under section 5301 of this title.

Reference

Citations & Metadata

Citation

12 U.S.C. § 5415

Title 12, Banks and Banking

Last Updated

Aug 21, 2026

Release point: 119-102