Corporation
The term “Corporation” means the Federal Deposit Insurance Corporation.
Savings association
12 U.S.C. 1813The term “savings association” means a savings association, as defined in section 3 of the Federal Deposit Insurance Act [], the deposits of which are insured by the Corporation.
Federal savings association
section 1464 of this titleThe term “Federal savings association” means a Federal savings association or a Federal savings bank chartered under .
National bank
12 U.S.C. 1813The term “national bank” has the same meaning as in section 3 of the Federal Deposit Insurance Act [].
Federal banking agencies
The term “Federal banking agencies” means the Office of the Comptroller of the Currency, the Board of Governors of the Federal Reserve System, and the Federal Deposit Insurance Corporation.
State
12 U.S.C. 1813The term “State” has the same meaning as in section 3 of the Federal Deposit Insurance Act [].
Affiliate
section 1467a of this titleThe term “affiliate” means any person that controls, is controlled by, or is under common control with, a savings association, except as provided in .
Board
The term “Board”, other than in the context of the Board of Directors of the Corporation, means the Board of Governors of the Federal Reserve System.
Comptroller
The term “Comptroller” means the Comptroller of the Currency.
Appropriate Federal banking agency
12 U.S.C. 1813(q)The term “appropriate Federal banking agency” has the same meaning as in section 3(q) of the Federal Deposit Insurance Act ().
Functionally regulated subsidiary
12 U.S.C. 1844(c)(5)The term “functionally regulated subsidiary” has the same meaning as in section 5(c)(5) of the Bank Holding Company Act of 1956 ().
June 13, 1933, ch. 64, § 248 Stat. 128June 27, 1934, ch. 84748 Stat. 1264May 28, 1935, ch. 150, § 1049 Stat. 29661 Stat. 954Aug. 11, 1955, ch. 78369 Stat. 640Pub. L. 95–630, title XII, § 120192 Stat. 3710Pub. L. 97–320, title I, § 114(a)96 Stat. 1475Pub. L. 101–73, title III, § 301103 Stat. 277Pub. L. 111–203, title III, § 369(2)124 Stat. 1557(, ; , title V, § 508(a), ; , ; 1947 Reorg. Plan No. 3, eff. , 12 F.R. 4981, ; , title I, § 109(a)(3), ; , , ; , , ; , , ; , title VI, § 604(h)(1), , , 1602.)
Editorial Notes
Amendments
Pub. L. 111–203, § 369(2)2010—Pars. (1) to (9). , redesignated pars. (2) and (4) to (9) as (1) and (2) to (7), respectively, added pars. (8) and (9), and struck out former pars. (1) and (3) which read as follows:
Director“(1) .—The term ‘Director’ means the Director of the Office of Thrift Supervision.
Office“(3) .—The term ‘Office’ means the Office of Thrift Supervision.”
Pub. L. 111–203, § 604(h)(1)Pars. (10), (11). , added pars. (10) and (11).
Pub. L. 101–731989— amended section generally, substituting definition of “Director”, “Corporation”, “Office”, “savings association”, “Federal savings association”, “national bank”, “Federal banking agencies”, “State”, and “affiliate”, designated as pars. (1) to (9), for definition of “Board”, “Corporation”, “home mortgage”, “first mortgage”, and “association”, designated as subsecs. (a) to (d).
Pub. L. 97–3201982—Subsec. (d). substituted reference to Federal savings bank or Federal savings banks for reference to Federal mutual savings bank wherever appearing.
Pub. L. 95–6301978—Subsec. (d). included a Federal mutual savings bank chartered by the Board within definition of “association”, and inserted provisions that a reference to a Federal savings and loan association shall be deemed also a reference to a Federal mutual savings bank.
1935—Subsec. (c). Act , inserted “or dwellings” and “in whole or in part” in cl. (2).
1934—Subsec. (c). Act , substituted “(1) under a lease for not less than ninety-nine years which is renewable, or (2) under a lease having a period of not less than fifty years to run from the date the mortgage was executed” for “under a lease renewable for not less than ninety nine years”.
Statutory Notes and Related Subsidiaries
Change of Name
act Aug. 11, 1955, ch. 783, § 109(a)(3)section 1437(b) of this titlePub. L. 101–73, title VII, § 703(a)103 Stat. 415“Home Loan Bank Board” changed to “Federal Home Loan Bank Board” by , which was classified to prior to the repeal of section 1437 by , , .
Effective Date of 2010 Amendment
section 369(2) of Pub. L. 111–203section 351 of Pub. L. 111–203section 906 of Title 2Amendment by effective on the transfer date, see , set out as a note under , The Congress.
Pub. L. 111–203, title VI, § 604(j)124 Stat. 1604
section 604(j) of Pub. L. 111–203section 5411 of this title[For definition of “transfer date” as used in , set out above, see .]
Effective Date of 1978 Amendment
section 2101 of Pub. L. 95–630section 375b of this titleAmendment effective upon expiration of 120 days after , see set out as an Effective Date note under .
Executive Documents
Transfer of Functions
Reorg. Plan No. 3 of 1947, set out in the Appendix to Title 5, Government Organization and Employees, abolished Federal Home Loan Bank Board and transferred its functions to Home Loan Bank Board created by the Plan.