The term of the Chairman of the Council shall be two years.
12 U.S. Code § 3303 - Financial Institutions Examination Council
(a) Establishment; compositionThere is established the Financial Institutions Examination Council which shall consist of—
the Comptroller of the Currency,
the Chairman of the State Liaison Committee.
(c) Term of office
(d) Designation of officers and employees
(e) Compensation and expenses
2006—Subsec. (a)(4). Pub. L. 109–351, § 714(a)(1), substituted “Thrift Supervision,” for “Thrift Supervision”.
Subsec. (a)(6). Pub. L. 109–351, § 714(a)(2), (3), added par. (6).
Effective Date of 2010 Amendment
- Bank and Savings Association Holding Company and Depository Institution Regulatory Improvements Act of 2010