12 U.S.C. § 5416 | Contracting and leasing authority

Notwithstanding chapters 1 to 11 of title 40 and division C (except sections 3302, 3307(e), 3501(b), 3509, 3906, 4710, and 4711) of subtitle I of title 41 or any other provision of law (except the full and open competition requirements of the Competition in Contracting Act), the Office of the Comptroller of the Currency may—

(1)

enter into and perform contracts, execute instruments, and acquire real property (or property interest) as the Comptroller deems necessary to carry out the duties and responsibilities of the Office of the Comptroller of the Currency; and

(2)

hold, maintain, sell, lease, or otherwise dispose of the property (or property interest) acquired under paragraph (1).

Pub. L. 111–203, title III, § 319July 21, 2010124 Stat. 1528(, , .)

Editorial Notes

References in Text

Pub. L. 98–369, div. BJuly 18, 198498 Stat. 1175 section 101 of Title 41The Competition in Contracting Act, referred to in text, probably means the Competition in Contracting Act of 1984, which is title VII of , , . For complete classification of this Act to the Code, see Short Title of 1984 Act note set out under , Public Contracts, and Tables.

Codification

41 U.S.C. 251 Pub. L. 107–217, § 5(c)Aug. 21, 2002116 Stat. 1303 Pub. L. 111–350, § 6(c)Jan. 4, 2011124 Stat. 3854In text, “chapters 1 to 11 of title 40 and division C (except sections 3302, 3307(e), 3501(b), 3509, 3906, 4710, and 4711) of subtitle I of title 41” substituted for “the Federal Property and Administrative Services Act of 1949 ( et seq.)” on authority of , , , which Act enacted Title 40, Public Buildings, Property, and Works, and , , , which Act enacted Title 41, Public Contracts.

Statutory Notes and Related Subsidiaries

Effective Date

July 21, 2010section 4 of Pub. L. 111–203 section 5301 of this titleSection effective 1 day after , except as otherwise provided, see , set out as a note under .