United States Code (Last Updated: May 24, 2014) |
Title 12. BANKS AND BANKING |
Chapter 46. GOVERNMENT SPONSORED ENTERPRISES |
SubChapter II. REQUIRED CAPITAL LEVELS FOR REGULATED ENTITIES, SPECIAL ENFORCEMENT POWERS, AND REVIEWS OF ASSETS AND LIABILITIES |
§ 4611. Risk-based capital levels for regulated entities
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(a) In general (1) Enterprises The Director shall, by regulation, establish risk-based capital requirements for the enterprises to ensure that the enterprises operate in a safe and sound manner, maintaining sufficient capital and reserves to support the risks that arise in the operations and management of the enterprises.
(2) Federal Home Loan Banks The Director shall establish risk-based capital standards under section 1426 of this title for the Federal Home Loan Banks.
(b) No limitation Nothing in this section shall limit the authority of the Director to require other reports or undertakings, or take other action, in furtherance of the responsibilities of the Director under this Act.
References In Text
This Act, referred to in subsec. (b), is Pub. L. 102–550,
Amendments
2008—Pub. L. 110–289 amended section generally. Prior to amendment, section related to risk-based capital levels for enterprises.