Page:United States Statutes at Large Volume 101 Part 1.djvu/663

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PUBLIC LAW 100-000—MMMM. DD, 1987

PUBLIC LAW 100-86—AUG. 10, 1987

101 STAT. 633

Federal Savings and Loan Insurance Corporation, except that any insured bank involved in the transaction shall notify the Corporation in writing at least 30 days prior to consummation of the transaction and, if any approval by the Federal Home Loan Bank Board or the Federal Savings and Loan Insurance Corporation is required in connection therewith, such approving authority shall provide the Corporation with notification of the application for approval, shall consult with the Corporation before disposing of the application, and shall provide notification to the Corporation of the determination with respect to said application.". (2) SECTION 1 8 (i) APPLICABILITY.—Section 18(i) of such Act is amended by adding at the end thereof the following: "(5) Nothing in this subsection shall apply to a conversion of an insured bank to an insured institution pursuant to section 403(e) of the National Housing Act (12 U.S.C. 1726(e)).".

% >^ 11 . Ante, p. 632.

SEC. 505. FEDERAL DEPOSITORY INSTITUTIONS REGULATORY AGENCIES NOT SUBJECT TO APPORTIONMENT OF FUNDS PROVISIONS. (a) FEDERAL DEPOSIT INSURANCE CORPORATION.—Section 7(b) of the

Federal Deposit Insurance Act (12 U.S.C. 18170t))) is amended by adding at the end thereof the following: "(9) APPORTIONMENT.—Notwithstanding any other provision of law, amounts received pursuant to any assessment under this section and any other amounts received by the Corporation shall not be subject to apportionment for the purpose of chapter 15 of title 31, United States Code, or under any other authority..

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(b) THE COMPTROLLER OF THE CURRENCY.—The second paragraph

of section 5240 of the Revised Statutes (12 U.S.C. 481) is amended by inserting after the fifth sentence the following: "Such funds shall not be subject to apportionment for the purpose of chapter 15 of title 31, United States Code, or under any other authority.".

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31 USC I50i et

(c) THE FEDERAL SAVINGS AND LOAN INSURANCE CORPORATION.— seq.

Section 404 of the National Housing Act (12 U.S.C. 1727) is amended by adding at the end thereof the following: "(k) APPORTIONMENT.—Notwithstanding any other provision of law, amounts received by the Corporation pursuant to any assessment under this Act, deposits required under this section and any other moneys received by the Corporation shall not be subject to apportionment for the purpose of chapter 15 of title 31, United States Code, or under any other authority.". (d) THE FEDERAL HOME LOAN BANK BOARD.—The Federal Home Loan Bank Act (12 U.S.C. 1421 et seq.) is amended by inserting after section 19 (12 U.S.C. 1439) the following: "SEC. 12A. APPORTIONMENT.

12 USC 1439-1.

"Notwithstanding any other provision of law, amounts received pursuant to any assessment under this Act and any other moneys received by the Board shall not be subject to apportionment for the purpose of chapter 15 of title 31, United States Code, or under any other authority.". (e) THE NATIONAL CREDIT UNION ADMINISTRATION.—Title I of the

Federal Credit Union Act (12 U.S.C. 1751 et seq.) is amended by adding at the end thereof the following: "SEC. 128. APPORTIONMENT.

"Notwithstanding any other provision of law, funds received by the Board pursuant to any method provided by this Act, and in-

12 USC 1772b.