Page:United States Statutes at Large Volume 112 Part 1.djvu/936

From Wikisource
Jump to navigation Jump to search
This page needs to be proofread.

112 STAT. 910 PUBLIC LAW 105-216^JULY 29, 1998 Effective date. 12 USC 1441a note. Effective date. the Resolution Funding Corporation shall be enforceable by and against the United States. (C) ENFORCEABILITY OF ORDERS, RESOLUTIONS, DETER- MINATIONS, AND REGULATIONS AFTER TRANSFER. — On and after the effective date of the transfer of the authority ^ and duties of the Resolution Funding Corporation to the Secretary of the Treasury under subsection (d), all orders, resolutions, determinations, and regulations pertaining to the Resolution Funding Corporation shall be enforceable by and against the Secretary of the Treasury. (d) TRANSFER OF THRIFT DEPOSITOR PROTECTION OVERSIGHT BOARD AUTHORITY AND DUTIES OF RESOLUTION FUNDING CORPORA- TION TO SECRETARY OF THE TREASURY.— Effective at the end of the 3-month period beginning on the date of enactment of this Act, the authority and duties of the Oversight Board under sections 21A(a)(6)(I) and 2 IB of the Federal Home Loan Bank Act are transferred to the Secretary of the Treasury (or the designee of the Secretary). (e) MEMBERSHIP OF THE AFFORDABLE HOUSING ADVISORY BOARD.—Effective on the date of enactment of this Act, section 14(b)(2) of the Resolution Trust Corporation Completion Act (12 U.S.C. 1831q note) is amended— (1) by striking subparagraph (C); and (2) by redesignating subparagraphs (D) and (E) as subparagraphs (C) and (D), respectively. (f) TIME OF MEETINGS OF THE AFFORDABLE HOUSING ADVISORY BOARD.— (1) IN GENERAL.— Section 14(b)(6)(A) of the Resolution Trust Corporation Completion Act (12 U.S.C. 1831q note) is amended— (A) by striking "4 times a year, or more frequently if requested by the Thrift Depositor Protection Oversight Board or" £m.d inserting "2 times a year or at the request of; and (B) by striking the second sentence. (2) CLERICAL AMENDMENT.— Section 14(b)(6)(A) of the Resolution Trust Corporation Completion Act (12 U.S.C. 1831q note) is amended, in the subparagraph heading, by striking "AND LOCATION". Approved July 29, 1998. LEGISLATIVE HISTORY—S. 318 (H.R. 607): HOUSE REPORTS: No. 105-55 accompanying H.R. 607 (Comm. on Banking and Financial Services). SENATE REPORTS: No. 105-129 (Comm. on Banking, Housing, and Urban Af- fairs). CONGRESSIONAL RECORD: Vol. 143 (1997): Nov. 9, considered and passed Senate. Vol. 144 (1998): July 14, considered and passed House, amended. July 15, Senate concurred in House amendments with amendme&ts. July 16, House concurred in Senate amendments. WEEKLY COMPILATION OF PRESIDENTIAL DOCUMENTS, Vol. 34 (1998): July 29, Presidential statement.