105 STAT. 2264 PUBLIC LAW 102-242—DEC. 19, 1991 Effective date. Termination date. "(ii) 2 percent of the institution's total assets at the time the Corporation initiated assistance under section 13(c) or was appointed receiver. "(3) DEADLINE FOR REPORT. —The inspector general of the appropriate Federal banking agency shall comply with paragraph (1) expeditiously, and in any event (except with respect to paragraph (l)(B)(iv)) as follows: "(A) If the institution is described in paragraph (2)(A)(i), during the 6-month period beginning on the earlier of— "(i) the date on which the institution ceases to repay assistance under section 13(c) in accordance with its terms, or "(ii) the date on which it becomes apparent that the assistance will not be fully repaid during the 24-month period described in paragraph (2)(A)(i). "(B) If the institution is described in paragraph (2)(A)(ii), during the 6-month period beginning on the date on which it becomes apparent that the present value of the deposit insurance fund's outlays with respect to that institution will exceed the present value of receivership dividends or other payments on the claims held by the Corporation. " (4) PUBLIC DISCLOSURE REQUIRED. — "(A) IN GENERAL.—The appropriate Federal banking agency shall disclose the report upon request under section 552 of title 5, United States Code, without excising— "(i) any portion under section 552(b)(5) of that title; or "(ii) any information about the insured depository institution under paragraph (4) (other than trade secrets) or paragraph (8) of section 552(b) of that title. "(B) EXCEPTION.— Subparagraph (A) does not require the agency to disclose the name of any customer of the insured depository institution (other than an institution-affiliated party), or information from which such a person's identity could reasonably be ascertained. "(5) GAO REVIEW.—The General Accounting Office shall annually— "(A) review reports made under paragraph (1) and recommend improvements in the supervision of insured depository institutions (including the implementation of this section); and "(B) verify the accuracy of 1 or more of those reports. "(6) TRANSITION RULE. —During the period beginning on July 1, 1993, and ending on June 30, 1997, a loss incurred by the Corporation with respect to an insured depository institution— "(A) with respect to which the Corporation initiates assistance under section 13(c) during the period in question, or "(B) for which the Corporation was appointed receiver during the period in question, is material for purposes of this subsection only if that loss exceeds the greater of $25,000,000 or the applicable percentage of the institution's total assets at that time, set forth in the following table: The applicable "For the following period: percentage is: July 1, 1993-June 30, 1994 7 percent July 1, 1994-June 30, 1995 5 percent July 1, 1995-June 30, 1996 4 percent July 1, 1996-June 30, 1997 3 percent.
�
