12 U.S.C. § 4523: Limitation on subsequent employment

12 U.S.C. 4523: Limitation on subsequent employmentText contains those laws in effect through Public Law 119-120 (October 7, 2026).

From Title 12-BANKS AND BANKINGCHAPTER 46-GOVERNMENT SPONSORED ENTERPRISES

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§4523. Limitation on subsequent employment

Neither the Director nor any former officer or employee of the Agency who, while employed by the Agency, was compensated at a rate in excess of the lowest rate for a position classified higher than GS–15 of the General Schedule under section 5107 of title 5 may accept compensation from an enterprise during the 2-year period beginning on the date of separation from employment by the Agency.

( Pub. L. 102–550, title XIII, § 1319D , Oct. 28, 1992 , 106 Stat. 3951 ; Pub. L. 110–289, div. A, title I, § 1161(a)(5) , July 30, 2008 , 122 Stat. 2779 .)

Editorial Notes

Amendments

2008⁠—Pub. L. 110–289 substituted “the Agency” for “the Office” wherever appearing.