FEDERAL · 12 U.S.C. · Chapter SUBCHAPTER V—BUREAU OF CONSUMER FINANCIAL PROTECTION
Incidental transfers
12 U.S.C. § 5585
This text of 12 U.S.C. § 5585 (Incidental transfers) 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. § 5585.
Text
(a)Incidental transfers authorized
The Director of the Office of Management and Budget, in consultation with the Secretary, shall make such additional incidental transfers and dispositions of assets and liabilities held, used, arising from, available, or to be made available, in connection with the functions transferred by this title,1 as the Director may determine necessary to accomplish the purposes of this title.1
(b)Sunset
The authority provided in this section shall terminate 5 years after July 21, 2010.
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History
(Pub. L. 111–203, title X, §1065, July 21, 2010, 124 Stat. 2055.)
Editorial Notes
Editorial Notes
References in Text
This title, referred to in subsec. (a), is title X of Pub. L. 111–203, July 21, 2010, 124 Stat. 1955, known as the Consumer Financial Protection Act of 2010, which enacted this subchapter and enacted, amended, and repealed numerous other sections and notes in the Code. For complete classification of title X to the Code, see Short Title note set out under section 5301 of this title and Tables.
References in Text
This title, referred to in subsec. (a), is title X of Pub. L. 111–203, July 21, 2010, 124 Stat. 1955, known as the Consumer Financial Protection Act of 2010, which enacted this subchapter and enacted, amended, and repealed numerous other sections and notes in the Code. For complete classification of title X to the Code, see Short Title note set out under section 5301 of this title and Tables.
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Bluebook (online)
12 U.S.C. § 5585, Counsel Stack Legal Research, https://law.counselstack.com/usc/12/5585.