FEDERAL · 12 U.S.C. · Chapter SUBCHAPTER I—SUPERVISION AND REGULATION OF ENTERPRISES
Limitation on bonuses to executives of Fannie Mae and Freddie Mac
12 U.S.C. § 4518a
This text of 12 U.S.C. § 4518a (Limitation on bonuses to executives of Fannie Mae and Freddie Mac) is published on Counsel Stack Legal Research, covering United States primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
12 U.S.C. § 4518a.
Text
Notwithstanding any other provision in law, senior executives at the Federal National Mortgage Association and the Federal Home Loan Mortgage Corporation are prohibited from receiving bonuses during any period of conservatorship for those entities on or after April 4, 2012.
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Source Credit
History
(Pub. L. 112–105, §16, Apr. 4, 2012, 126 Stat. 303.)
Editorial Notes
Editorial Notes
Codification
Section was enacted as part of the Representative Louise McIntosh Slaughter Stop Trading on Congressional Knowledge Act, also known as the STOCK Act, and not as part of the Federal Housing Enterprises Financial Safety and Soundness Act of 1992 which comprises this chapter.
Codification
Section was enacted as part of the Representative Louise McIntosh Slaughter Stop Trading on Congressional Knowledge Act, also known as the STOCK Act, and not as part of the Federal Housing Enterprises Financial Safety and Soundness Act of 1992 which comprises this chapter.
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Bluebook (online)
12 U.S.C. § 4518a, Counsel Stack Legal Research, https://law.counselstack.com/usc/12/4518a.