31 U.S. Code § 309 - Office of Thrift Supervision

The Office of Thrift Supervision established under section 3(a) [1] of the Home Owners’ Loan Act shall be an office in the Department of the Treasury.

(Added Pub. L. 101–73, title III, § 307(a)(1), Aug. 9, 1989, 103 Stat. 352; amended Pub. L. 103–272, § 4(f)(1)(A), July 5, 1994, 108 Stat. 1361.)

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[1]  See References in Text note below.

Editorial Notes

References in Text

Section 3(a) of the Home Owners’ Loan Act, referred to in text, which established the Office of Thrift Supervision, was classified to section 1462a(a) of Title 12, Banks and Banking, and was struck out by Pub. L. 111–203, title III, § 369(3)(B), July 21, 2010, 124 Stat. 1558.

Prior Provisions

A prior section 309 was renumbered section 315 of this title.

Amendments

1994—Pub. L. 103–272 substituted “section 3(a)” for “section 2A(a)”.

Statutory Notes and Related Subsidiaries

Transfer of Functions

Office of Thrift Supervision abolished and functions transferred to the Board of Governors of the Federal Reserve System, the Office of the Comptroller of the Currency and the Comptroller of the Currency, and the Federal Deposit Insurance Corporation by sections 5412 and 5413 of Title 12, Banks and Banking.