12 U.S.C. § 506
Notice after separation from service
The resignation, termination of employment or participation, or separation of an institution-affiliated party (within the meaning of section 1813(u) of this title) with respect to a member bank (including a separation caused by the closing of such a bank) shall not affect the jurisdiction and authority of the Board to issue any notice and proceed under this section against any such party, if such notice is served before the end of the 6-year period beginning on the date such party ceased to be such a party with respect to such bank (whether such date occurs before, on, or after
Notes of Decisions
Cited in 1
case, 2018–2018 · leading case: People's Trust Fed. Credit Union v. Nat'l Credit Union Admin. Bd.
People's Trust Fed. Credit Union v. Nat'l Credit Union Admin. Bd. (2018)
“§§ 1751 - 1795k ("FCUA"), and Financial Institutions Reform, Recovery, and Enforcement Act of 1989, 12 U.S.C. §§ 506 , 1422a, 1422b, 1441a, 1441a-1, 1441a-2, 1441b, 1462a, 1463, 1468a to 1468c, 1790a to 1790c, 1831e to 1831k, 1833a to 1833c, 1833e, 2906, 3309, 3310, 3331 to 3356…”
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