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12 U.S.C. § 5585 - U.S. Code - Unannotated Title 12. Banks and Banking § 5585. Incidental transfers

Current as of January 01, 2024 | Updated by Findlaw Staff

(a)Incidental transfers authorized

The Director of the Office of Management and Budget, in consultation with the Secretary, shall make such additional incidental transfers and dispositions of assets and liabilities held, used, arising from, available, or to be made available, in connection with the functions transferred by this title, as the Director may determine necessary to accomplish the purposes of this title.

(b)Sunset

The authority provided in this section shall terminate 5 years after July 21, 2010.

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Cite this article: FindLaw.com - 12 U.S.C. § 5585 - U.S. Code - Unannotated Title 12. Banks and Banking § 5585. Incidental transfers - last updated January 01, 2024 | https://codes.findlaw.com/us/title-12-banks-and-banking/12-usc-sect-5585/

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