Public Law 119-83 (04/13/2026)

12 U.S.C. § 506

Notice after separation from service

section 1813(u) of this titleThe resignation, termination of employment or participation, or separation of an institution-affiliated party (within the meaning of ) with respect to a member bank (including a separation caused by the closing of such a bank) shall not affect the jurisdiction and authority of the Board to issue any notice and proceed under this section against any such party, if such notice is served before the end of the 6-year period beginning on the date such party ceased to be such a party with respect to such bank (whether such date occurs before, on, or after ).

Dec. 23, 1913, ch. 6, § 19(m) Pub. L. 101–73, title IX, § 905(g)103 Stat. 461 (, as added , , .)

Editorial Notes

References in Text

This section, referred to in text, means section 19 of act , which is classified to sections 142, 371b, 371b–1, 374, 374a, 461, 463 to 466, 505, and 506 of this title.