FEDERAL · 12 U.S.C. · Chapter 3

Notice after separation from service

Current through Pub. L. 119-102
Title 12Banks and Banking·Ch. 3 — FEDERAL RESERVE SYSTEM·Subch. XVI
The resignation, termination of employment or participation, or separation of an institution-affiliated party (within the meaning of section 1813(u) of this title) 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 August 9, 1989).

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Related

People's Trust Fed. Credit Union v. Nat'l Credit Union Admin. Bd.
350 F. Supp. 3d 1129 (D. New Mexico, 2018)
34 case citations

Source Credit

History

(Dec. 23, 1913, ch. 6, §19(m), as added Pub. L. 101–73, title IX, §905(g), Aug. 9, 1989, 103 Stat. 461.)

Editorial Notes

Editorial Notes

References in Text
This section, referred to in text, means section 19 of act Dec. 23, 1913, which is classified to sections 142, 371b, 371b–1, 374, 374a, 461, 463 to 466, 505, and 506 of this title.