12 USC 3304: Costs and expenses of Council
Text contains those laws in effect on December 24, 2024
From Title 12-BANKS AND BANKINGCHAPTER 34-FEDERAL FINANCIAL INSTITUTIONS EXAMINATION COUNCIL
§3304. Costs and expenses of Council
One-fifth of the costs and expenses of the Council, including the salaries of its employees, shall be paid by each of the Federal financial institutions regulatory agencies. Annual assessments for such share shall be levied by the Council based upon its projected budget for the year, and additional assessments may be made during the year if necessary.
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Statutory Notes and Related Subsidiaries
Effective Date
Section effective upon the expiration of 120 days after Nov. 10, 1978, see section 2101 of