
From the U.S. Code Online via GPO Access
[wais.access.gpo.gov]
[Laws in effect as of January 2, 2001]
[Document not affected by Public Laws enacted between
  January 2, 2001 and January 28, 2002]
[CITE: 12USC4514]

 
                       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. 4514. Authority to require reports by enterprises


(a) Special reports and reports of financial condition

                       (1) Financial condition

        The Director may require an enterprise to submit reports of 
    financial condition and operations (in addition to the annual and 
    quarterly reports required under section 1723a(k) of this title and 
    section 1456(c) of this title).

                         (2) Special reports

        The Director may also require an enterprise to submit special 
    reports whenever, in the judgment of the Director, such reports are 
    necessary to carry out the purposes of this chapter.

                           (3) Limitation

        The Director may not require the inclusion, in any report 
    pursuant to paragraph (1) or (2), of any information that is not 
    reasonably obtainable by the enterprise.

                     (4) Notice and declaration

        The Director shall notify the enterprise, a reasonable period in 
    advance of the date for submission of any report under this 
    subsection, of any specific information to be contained in the 
    report and the date for the submission of the report. Each report 
    under this subsection shall contain a declaration by the president, 
    vice president, treasurer, or any other officer designated by the 
    board of directors of the enterprise to make such declaration, that 
    the report is true and correct to the best of such officer's 
    knowledge and belief.

(b) Capital distributions

    The Director may require an enterprise to submit a report to the 
Director after the declaration of any capital distribution by the 
enterprise and before making the capital distribution. The report shall 
be made in such form and under such circumstances and shall contain such 
information as the Director shall require.

(Pub. L. 102-550, title XIII, Sec. 1314, Oct. 28, 1992, 106 Stat. 3946.)

                       References in Text

    This chapter, referred to in subsec. (a), was in the original ``this 
title'', meaning title XIII of Pub. L. 102-550, Oct. 28, 1992, 106 Stat. 
3941, which is classified principally to this chapter. For complete 
classification of title XIII to the Code, see Short Title note set out 
under section 4501 of this title and Tables.

                  Section Referred to in Other Sections

    This section is referred to in sections 1456, 1723a, 4513 of this 
title.
