Effective upon July 21, 2010, the Corporation may not exercise its authority under section 1823(c)(4)(G)(i) of this title to establish any widely available debt guarantee program for which section 5612 of this title would provide authority.
If an insured depository institution or depository institution holding company (as those terms are defined in section 1813 of this title) participating in a program under section 5612 of this title, or any participant in a debt guarantee program established pursuant to section 1823(c)(4)(G)(i) of this title defaults on any obligation guaranteed by the Corporation after July 21, 2010, the Corporation shall-
12 U.S.C. § 5613
EDITORIAL NOTES
CODIFICATIONSection is comprised of section 1106 of Pub. L. 111-203. Subsec. (b) of section 1106 of Pub. L. 111-203 amended section 1823 of this title.