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12 U.S.C. § 4611Risk-based capital levels for regulated entities

submitted 34 years ago by Pub. L. 102-550 to r/title-12-BANKS-AND-BANKING · 107 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) In general
(1) Enterprises

The Director shall, by regulation, establish risk-based capital requirements for the enterprises to ensure that the enterprises operate in a safe and sound manner, maintaining sufficient capital and reserves to support the risks that arise in the operations and management of the enterprises.

(2) Federal Home Loan Banks

The Director shall establish risk-based capital standards under section 1426 of this title for the Federal Home Loan Banks.

(b) No limitation

Nothing in this section shall limit the authority of the Director to require other reports or undertakings, or take other action, in furtherance of the responsibilities of the Director under this Act.

Source credit: (Pub. L. 102–550, title XIII, § 1361, Oct. 28, 1992, 106 Stat. 3972; Pub. L. 110–289, div. A, title I, § 1110(a), July 30, 2008, 122 Stat. 2675.)

history & why it existsrecord from the source credit
  • 1992Enacted · Pub. L. 102-550 · 106 Stat. 3972
  • 2008Amended · Pub. L. 110-289 · 122 Stat. 2675

A history note hasn’t been published yet. The record shows enactment by Pub. L. 102-550 on 1992-10-28.

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