For purposes of this chapter-
The term "Corporation" means the Federal Deposit Insurance Corporation.
The term "savings association" means a savings association, as defined in section 3 of the Federal Deposit Insurance Act [ ], the deposits of which are insured by the Corporation.
The term "Federal savings association" means a Federal savings association or a Federal savings bank chartered under section of this title.
The term "national bank" has the same meaning as in section 3 of the Federal Deposit Insurance Act .
The term "Federal banking agencies" means the Office of the Comptroller of the Currency, the Board of Governors of the Federal Reserve System, and the Federal Deposit Insurance Corporation.
The term "State" has the same meaning as in section 3 of the Federal Deposit Insurance Act [ ].
The term "Board", other than in the context of the Board of Directors of the Corporation, means the Board of Governors of the Federal Reserve System.
The term "Comptroller" means the Comptroller of the Currency.
The term "appropriate Federal banking agency" has the same meaning as in section 3(q) of the Federal Deposit Insurance Act ().
The term "functionally regulated subsidiary" has the same meaning as in section 5(c)(5) of the Bank Holding Company Act of 1956 ().
12 U.S.C. § 1462
AMENDMENTS2010-Pars. (1) to (9). Pub. L. 111-203, §369(2), redesignated pars. (2) and (4) to (9) as (1) and (2) to (7), respectively, added pars. (8) and (9), and struck out former pars. (1) and (3) which read as follows:"(1) DIRECTOR.-The term 'Director' means the Director of the Office of Thrift Supervision."(3) OFFICE.-The term 'Office' means the Office of Thrift Supervision."Pars. (10), (11). Pub. L. 111-203, §604(h)(1), added pars. (10) and (11).1989- Pub. L. 101-73 amended section generally, substituting definition of "Director", "Corporation", "Office", "savings association", "Federal savings association", "national bank", "Federal banking agencies", "State", and "affiliate", designated as pars. (1) to (9), for definition of "Board", "Corporation", "home mortgage", "first mortgage", and "association", designated as subsecs. (a) to (d).1982-Subsec. (d). Pub. L. 97-320 substituted reference to Federal savings bank or Federal savings banks for reference to Federal mutual savings bank wherever appearing.1978-Subsec. (d). Pub. L. 95-630 included a Federal mutual savings bank chartered by the Board within definition of "association", and inserted provisions that a reference to a Federal savings and loan association shall be deemed also a reference to a Federal mutual savings bank.1935-Subsec. (c). Act May 28, 1935, inserted "or dwellings" and "in whole or in part" in cl. (2).1934-Subsec. (c). Act June 27, 1934, substituted "(1) under a lease for not less than ninety-nine years which is renewable, or (2) under a lease having a period of not less than fifty years to run from the date the mortgage was executed" for "under a lease renewable for not less than ninety nine years".
CHANGE OF NAME"Home Loan Bank Board" changed to "Federal Home Loan Bank Board" by act Aug. 11, 1955, ch. 783, §109(a)(3), which was classified to sectionof this title prior to the repeal of section 1437 by Pub. L. 101-73, title VII, §703(a), Aug. 9, 1989, 103 Stat. 415.
EFFECTIVE DATE OF 2010 AMENDMENTAmendment by section 369(2) of Pub. L. 111-203 effective on the transfer date, see section 351 of Pub. L. 111-203 set out as a note under sectionof Title 2, The Congress.Pub. L. 111-203, title VI, §604(j), July 21, 2010, 124 Stat. 1604, provided that: "The amendments made by this section [amending this section and sections , , and to of this title and repealing section of this title] shall take effect on the transfer date."[For definition of "transfer date" as used in section 604(j) of Pub. L. 111-203 set out above, see section of this title.]
EFFECTIVE DATE OF 1978 AMENDMENTAmendment effective upon expiration of 120 days after Nov. 10, 1978, see section 2101 of Pub. L. 95-630 set out as an Effective Date note under sectionof this title.
TRANSFER OF FUNCTIONSReorg. Plan No. 3 of 1947, set out in the Appendix to Title 5, Government Organization and Employees, abolished Federal Home Loan Bank Board and transferred its functions to Home Loan Bank Board created by the Plan.
- The term "Director" means the Director of the Bureau.
- The term "State" means any State, territory, or possession of the United States, the District of Columbia, the Commonwealth of Puerto Rico, the Commonwealth of the Northern Mariana Islands, Guam, American Samoa, or the United States Virgin Islands or any federally recognized Indian tribe, as defined by the Secretary of the Interior under section 5131(a) of title 25.
- The term "affiliate" means any person that controls, is controlled by, or is under common control with another person.
- The term "person" means an individual, partnership, company, corporation, association (incorporated or unincorporated), trust, estate, cooperative organization, or other entity.