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12 U.S.C. § 3307Administration

submitted 48 years ago by Pub. L. 95-630 to r/title-12-BANKS-AND-BANKING · 217 words · no verdicts yet

in plain englishAI-generated · not legal advice

A translation hasn’t been published for this section yet. The official text below is complete and authoritative.

the actual law source: uscode.house.gov ↗public domain
(a) Authority of Chairman of Council

The Chairman of the Council is authorized to carry out and to delegate the authority to carry out the internal administration of the Council, including the appointment and supervision of employees and the distribution of business among members, employees, and administrative units.

(b) Use of personnel, services, and facilities of Federal financial institutions regulatory agencies, Federal Reserve banks, and Federal Home Loan Banks

in 1 addition to any other authority conferred upon it by this chapter, in carrying out its functions under this chapter, the Council may utilize, with their consent and to the extent practical, the personnel, services, and facilities of the Federal financial institutions regulatory agencies, Federal Reserve banks, and Federal Home Loan Banks, with or without reimbursement therefor.

(c) Compensation, authority, and duties of officers and employees; experts and consultants

In addition, the Council may—

(1)

subject to the provisions of title 5 relating to the competitive service, classification, and General Schedule pay rates, appoint and fix the compensation of such officers and employees as are necessary to carry out the provisions of this chapter, and to prescribe the authority and duties of such officers and employees; and

(2)

obtain the services of such experts and consultants as are necessary to carry out the provisions of this chapter.

Source credit: (Pub. L. 95–630, title X, § 1008, Nov. 10, 1978, 92 Stat. 3696.)

history & why it existsrecord from the source credit
  • 1978Enacted · Pub. L. 95-630 · 92 Stat. 3696

A history note hasn’t been published yet. The record shows enactment by Pub. L. 95-630 on 1978-11-10.

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