12 U.S.C. § 4518a — Limitation 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
Senior executives of Fannie Mae and Freddie Mac may not receive bonuses during specified conservatorship periods beginning April 4, 2012.
Senior executives of the Federal National Mortgage Association and the Federal Home Loan Mortgage Corporation may not receive bonuses during any conservatorship period for those entities beginning on or after April 4, 2012, despite other law.
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.)
- 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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