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12 U.S.C. § 4518aLimitation on bonuses to executives of Fannie Mae and Freddie Mac

submitted 14 years ago by Pub. L. 112-105 to r/title-12-BANKS-AND-BANKING · 41 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

Notwithstanding any other provision in law, senior executives at the Federal National Mortgage Association and the Federal Home Loan Mortgage Corporation are prohibited from receiving bonuses during any period of conservatorship for those entities on or after April 4, 2012.

Source credit: (Pub. L. 112–105, § 16, Apr. 4, 2012, 126 Stat. 303.)

history & why it existsrecord from the source credit
  • 2012Enacted · Pub. L. 112-105 · 126 Stat. 303

A history note hasn’t been published yet. The record shows enactment by Pub. L. 112-105 on 2012-04-04.

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