§1462. Definitions
For purposes of this chapter-
(1) Director
The term "Director" means the Director of the Office of Thrift Supervision.
(2) Corporation
The term "Corporation" means the Federal Deposit Insurance Corporation.
(3) Office
The term "Office" means the Office of Thrift Supervision.
(4) Savings association
The term "savings association" means a savings association, as defined in section 3 of the Federal Deposit Insurance Act [12 U.S.C. 1813], the deposits of which are insured by the Corporation.
(5) Federal savings association
The term "Federal savings association" means a Federal savings association or a Federal savings bank chartered under section 1464 of this title.
(6) National bank
The term "national bank" has the same meaning as in section 3 of the Federal Deposit Insurance Act [12 U.S.C. 1813].
(7) Federal banking agencies
The term "Federal banking agencies" means the Office of the Comptroller of the Currency, the Board of Governors of the Federal Reserve System, and the Federal Deposit Insurance Corporation.
(8) State
The term "State" has the same meaning as in section 3 of the Federal Deposit Insurance Act [12 U.S.C. 1813].
(9) Affiliate
The term "affiliate" means any person that controls, is controlled by, or is under common control with, a savings association, except as provided in section 1467a of this title.
(June 13, 1933, ch. 64, §2,
Amendments
1989-
1982-Subsec. (d).
1978-Subsec. (d).
1935-Subsec. (c). Act May 28, 1935, inserted "or dwellings" and "in whole or in part" in cl. (2).
1934-Subsec. (c). Act June 27, 1934, substituted "(1) under a lease for not less than ninety-nine years which is renewable, or (2) under a lease having a period of not less than fifty years to run from the date the mortgage was executed" for "under a lease renewable for not less than ninety nine years".
Change of Name
"Home Loan Bank Board" changed to "Federal Home Loan Bank Board" by act Aug. 11, 1955, ch. 783, §109(a)(3), which was classified to section 1437(b) of this title prior to the repeal of section 1437 by
Effective Date of 1978 Amendment
Amendment effective upon expiration of 120 days after Nov. 10, 1978, see section 2101 of
Transfer of Functions
Reorg. Plan No. 3 of 1947, set out in the Appendix to Title 5, Government Organization and Employees, abolished Federal Home Loan Bank Board and transferred its functions to Home Loan Bank Board created by the Plan.