U.S. Code » Title 12 » Chapter CHAPTER 53— WALL STREET REFORM AND CONSUMER PROTECTION › Subchapter SUBCHAPTER III— TRANSFER OF POWERS TO THE COMPTROLLER OF THE CURRENCY, THE CORPORATION, AND THE BOARD OF GOVERNORS › Part Part A— Transfer of Powers and Duties

12 U.S.C. § 5413

Abolishment

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Effective 90 days after the transfer date, the Office of Thrift Supervision and the position of Director of the Office of Thrift Supervision are abolished.

Notes of Decisions
Cited in 3 cases (1 in the last 5 years), 2011–2024 · leading case: Ambac Assurance Corp. v. Countrywide Home Loans, Inc., 57 N.E.3d 30 (NY 2016).
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Ambac Assurance Corp. v. Countrywide Home Loans, Inc., 57 N.E.3d 30 (NY 2016). · cites it 2× “1376, 2017 [2010]), and has ceased to exist (see 12 USC § 5413 ). - 15 - - 16 - No. 80 Countrywide was required to obtain the approval of its public shareholders by soliciting proxies, which in turn required it to file a proxy statement.”
People v. First Am. Corp., 960 N.E.2d 927 (NY 2011). · cites it 2× “On October 19, 2011, 90 days after this transfer, OTS ceased to exist ( see 12 USC § 5413 ). [2] The court also determined that the plaintiff failed to state a claim under either of the federal laws asserted, and so dismissed the complaint.”
William W. Giambrone & Michele L. Giambrone (Tax Ct. 2024). “12 U.S.C. § 5413 . 4 [*4] As William later observed, Platinum experienced “bumps in the road throughout.”
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