12 USC 3304: Costs and expenses of Council
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12 USC 3304: Costs and expenses of Council Text contains those laws in effect on December 20, 2024
From Title 12-BANKS AND BANKINGCHAPTER 34-FEDERAL FINANCIAL INSTITUTIONS EXAMINATION COUNCIL
Jump To: Source CreditMiscellaneousEffective Date

§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.

( Pub. L. 95–630, title X, §1005, Nov. 10, 1978, 92 Stat. 3695 .)


Statutory Notes and Related Subsidiaries

Effective Date

Section effective upon the expiration of 120 days after Nov. 10, 1978, see section 2101 of Pub. L. 95–630, set out as a note under section 375b of this title.