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Current as of January 01, 2024 | Updated by Findlaw Staff
Notwithstanding chapters 1 to 11 of Title 40 and division C (except sections 3302, 3307(e), 3501(b), 3509, 3906, 4710, and 4711) of subtitle I of Title 41 or any other provision of law (except the full and open competition requirements of the Competition in Contracting Act), the Office of the Comptroller of the Currency may--
(1) enter into and perform contracts, execute instruments, and acquire real property (or property interest) as the Comptroller deems necessary to carry out the duties and responsibilities of the Office of the Comptroller of the Currency; and
(2) hold, maintain, sell, lease, or otherwise dispose of the property (or property interest) acquired under paragraph (1).
Cite this article: FindLaw.com - 12 U.S.C. § 5416 - U.S. Code - Unannotated Title 12. Banks and Banking § 5416. Contracting and leasing authority - last updated January 01, 2024 | https://codes.findlaw.com/us/title-12-banks-and-banking/12-usc-sect-5416/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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