Page:United States Statutes at Large Volume 106 Part 5.djvu/450

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106 STAT. 4088 PUBLIC LAW 102-550—OCT. 28, 1992 12 USC 1818 and note. 105 Stat. 2379. 12 USC 1467a. 12 USC 1467a. 12 USC 1467a. 12 USC 1821 note. (1) by inserting a comma before 'Yor civil actions under section 951"; and (2) by inserting a comma after United States Code". (c) AMENDMENT RELATING TO SUBTITLE C.- - Section ll(d)(4)(A) of the Federal Deposit Insurance Act (12 U.S.C. 1821(d)(4)(A)) (as amended by section 416 of the Federal Deposit Insurance Corporation Improvement Act of 1991) is amended by strildng "determinations" and inserting determination. (d) AMENDMENT RELATING TO SUBTITLE D. —The heading for section 422 of the Federal Deposit Insurance Corporation Improvement Act of 1991 is amended by striking BOARD and inserting "A DVISORY COMMnTEE". (e) AMENDMENT RELATING TO SUBTITLE F.—Section 431(a)(2) of the Federal Deposit Insurance Corporation Improvement Act of 1991 is amended by inserting "(hereafter in uiis subsection referred to as the 'Secretary after "Secretary of the Treasury". _ (0 AMENDMENTS RELATING TO SUBTITLE G. — (1) Section 5(c)(2)(B)(iii) of the Home Owners' Loan Act (12 U.S.C. 1464(c)(2)(B)) is amended to read as follows: "(iii) MONITORING. — If the Director permits any increased authority pursuant to clause (ii), the Director shall closely monitor the Federal savings association's condition and lending activities to ensure that the savings association carries out all authority under this paragraph in a safe and sound manner and complies with this subparagraph and all relevant laws and regulations.". (2) Section 5(c)(2)(C) of the Home Owners' Loan Act (12 U.S.C. 1464(c)(2)(C)) is amended by striking the comma after "includiM". (3) The last sentence of section 5(c)(2)(D) of the Home Owners' Loan Act (12 U.S.C. 1464(c)(2)(B)) (as amended by section 441(a) of the Federal Deposit Insurance Corporation Improvement Act of 1991) is amended by inserting before the period the following: ", except that amounts in excess of 30 percent of the assets ma;^ be invested only in loans which are made by the association directly to the original obligor and with respect to which the association does not pay any finder, referral, or other fee, directly or indirectly, to any third party". (4) Section 437 of the Federal Deposit Insurance Corporation Improvement Act of 1991 is amended— (A) by striking "Section 10(m)(l)(B)" and inserting "(a) IN GENERAL. — Section 10(m)(l)(B)"; and (B) by adding at the end the following new subsection: "Oi)) TECHNICAL AND (JONFORMING AMENDMENTS. — "(1) Section 10(m)(l)(A) of the Home Owners' Loan Act (12 U.S.C. 1467(m)(l)(A)) is amended by striking '70 percent' and inserting '65 percent'. "(2) The first sentence of section 10(m)(3)(D) of the Home Owners' Loan Act (12 U.S.C. 1467(m)(3)(D)) is amended by striking Yor the preceding 2-year period' and inserting 'on a monthty average basis in 9 out of the preceding 12 months'.", (g) AMENDMENTS RELATING TO SUBTITLE I. — (1) Section 451(b)(3) of the Federal Deposit Insurance Corporation Improvement Act of 1991 is amended by striking

  • ll(i)" and inserting "3(i)(2)".