12 U.S.C. § 4523
Current through P.L. 118-64 (published on www.congress.gov on 05/24/2024), except for [P. L. 118-63]
Neither the Director nor any former officer or employee of the Agency who, while employed by the Agency, was compensated at a rate in excess of the lowest rate for a position classified higher than GS-15 of the General Schedule under section 5107 of title 5 may accept compensation from an enterprise during the 2-year period beginning on the date of separation from employment by the Agency.
12 U.S.C. § 4523
EDITORIAL NOTES
AMENDMENTS2008- Pub. L. 110-289 substituted "the Agency" for "the Office" wherever appearing.
- Agency
- The term "Agency" means the Federal Housing Finance Agency established under section 4511 of this title.
- Director
- The term "Director" means the Director of the Federal Housing Finance Agency.
- compensation
- The term "compensation" means any payment of money or the provision of any other thing of current or potential value in connection with employment.
- enterprise
- The term "enterprise" means-(A) the Federal National Mortgage Association and any affiliate thereof; and(B) the Federal Home Loan Mortgage Corporation and any affiliate thereof.