12 U.S.C. § 4611

Current through P.L. 118-106 (published on www.congress.gov on 10/04/2024)

Section 4611 - Risk-based capital levels for regulated entities

(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.

12 U.S.C. § 4611

Pub. L. 102-550, title XIII, §13611361,, 106 Stat. 3972; Pub. L. 110-289, div. A, title I, §1110(a), July 30, 2008, 122 Stat. 2675.

EDITORIAL NOTES

REFERENCES IN TEXTThis Act, referred to in subsec. (b), is Pub. L. 102-550, 106 Stat. 3672, known as the Housing and Community Development Act of 1992. For complete classification of this Act to the Code, see Short Title of 1992 Amendment note set out under section 5301 of Title 42, The Public Health and Welfare, and Tables.

AMENDMENTS2008- Pub. L. 110-289 amended section generally. Prior to amendment, section related to risk-based capital levels for enterprises.

Director

The term "Director" means the Director of the Bureau.