12 U.S.C. § 4518a — Limitation on bonuses to executives of Fannie Mae and Freddie Mac
U.S.C. Title 12 - BANKS AND BANKING 12 U.S.C. United States Code, 2023 Edition Title 12 - BANKS AND BANKING CHAPTER 46 - GOVERNMENT SPONSORED ENTERPRISES SUBCHAPTER I - SUPERVISION AND REGULATION OF ENTERPRISES Part A - Financial Safety and Soundness Regulator Sec. 4518a - Limitation on bonuses to executives of Fannie Mae and Freddie Mac From the U.S. Government Publishing Office, www.gpo.gov
§4518a. Limitation on bonuses to executives of Fannie Mae and Freddie Mac
Notwithstanding any other provision in law, senior executives at the Federal National Mortgage Association and the Federal Home Loan Mortgage Corporation are prohibited from receiving bonuses during any period of conservatorship for those entities on or after April 4, 2012.
(Pub. L. 112–105, §16, Apr. 4, 2012, 126 Stat. 303.)
Editorial Notes
Codification Section was enacted as part of the Representative Louise McIntosh Slaughter Stop Trading on Congressional Knowledge Act, also known as the STOCK Act, and not as part of the Federal Housing Enterprises Financial Safety and Soundness Act of 1992 which comprises this chapter.