Transfer and Redesignation of Certain Regulations Involving State Savings Associations - Dodd-Frank Wall Street Reform and Consumer Protection Act (US

Transfer and Redesignation of Certain Regulations Involving State Savings Associations - Dodd-Frank Wall Street Reform and Consumer Protection Act (US Federal Deposit Insurance Corporation Regulation) (FDIC) (2018 Edition) The Law Library presents the complete text of the Transfer and Redesignation of Certain Regulations Involving State Savings Associations - Dodd-Frank Wall Street Reform and Consumer Protection Act (US Federal Deposit Insurance Corporation Regulation) (FDIC) (2018 Edition). Updated as of May 29, 2018 Title III of the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 (the Dodd-Frank Act or the Act) provided that the functions, powers, and duties of the Office of Thrift Supervision (OTS) relating to State savings associations will transfer to the FDIC effective one year after July 21, 2010, the date that the Dodd-Frank Act was enacted. The Act also amended section 3 of the Federal Deposit Insurance Act (FDI Act) to designate the FDIC as the "appropriate Federal banking agency" for State savings associations. The FDIC is authorized to issue regulations pursuant to the FDI Act and other existing laws as the "appropriate Federal banking agency" (or under similar statutory terminology). As a result, pursuant to those laws, the FDIC, the newly-designated "appropriate Federal banking agency" for State savings associations, is authorized to issue certain regulations involving State savings associations. This book contains: - The complete text of the Transfer and Redesignation of Certain Regulations Involving State Savings Associations - Dodd-Frank Wall Street Reform and Consumer Protection Act (US Federal Deposit Insurance Corporation Regulation) (FDIC) (2018 Edition) - A table of contents with the page number of each section