Section text and notes
section 2279bb–2 of this titleFor purposes of this part, the critical capital level for the Corporation shall be an amount of core capital equal to 50 percent of the total minimum capital amount determined under .
Pub. L. 92–181, title VIII, § 8Pub. L. 102–237, title V, § 503(b)(2)105 Stat. 1874 Pub. L. 104–105, title I, § 115110 Stat. 167 (.34, as added , , ; amended , , .)
Editorial Notes
Amendments
Pub. L. 104–1051996— amended section generally. Prior to amendment, section read as follows: “For purposes of this part, the critical capital level for the Corporation shall be an amount of core capital equal to the sum of—
“(1) 1.25 percent of the aggregate on-balance sheet assets of the Corporation (other than assets referred to in paragraph (3)), as determined in accordance with generally accepted accounting principles;
“(2) 0.25 percent of the unpaid principal balance of outstanding securities guaranteed by the Corporation and backed by pools of qualified loans and substantially equivalent instruments issued or guaranteed by the Corporation, and other off-balance sheet obligations of the Corporation; and
section 2279aa–6(g) of this title“(3) a percentage of any aggregate assets of the Corporation acquired pursuant to the linked portfolio option under , which shall be—
section 2279bb–2(c)(1) of this title“(A) during the 5-year period beginning on , one-half of the percentage that is determined under ; and
“(B) after the expiration of such 5-year period, 1.25 percent of any such aggregate assets.”