Pub. L. 101-73, tit. VII, subtit. C, sec. 744
CONFORMING AMENDMENTS TO FINANCIAL INSTITUTION RELATED ACTS.
SEC. 744. CONFORMING AMENDMENTS TO FINANCIAL INSTITUTION RELATED ACTS. (a) Federal Financial Institutions Examination Council Act.— 103 STAT. 438 (1) Section 1003.—Section 1003 of the Federal Financial Institutions Examination Council Act of 1978 (12 U.S.C. 3302) is amended— (A) in paragraph (1), by striking out “Federal Home Loan Bank Board” and inserting in lieu thereof “Office of Thrift Supervision”; and (B) in paragraph (3), by striking out “savings and loan association” and inserting in lieu thereof “savings association”. (2) Section 1004.—Section 1004(a)(4) of the Federal Financial Institutions Examination Council Act of 1978 (12 U.S.C. 3303(a)(4)) is amended by striking out “Chairman of the Federal Home Loan Bank Board, and” and inserting in lieu thereof “Director, Office of Thrift Supervision”. (3) Section 1006.—Section 1006(d) of the Federal Financial Institutions Examination Council Act of 1978 (12 U.S.C. 3305(d)) is amended in the 2d sentence by inserting “and employees of the Federal Housing Finance Board” after “supervisoiy agencies”. (b) Right to Financial Privacy Act.—Section 1101 of the Right to Financial Privacy Act of 1978 (12 U.S.C. 3401) is amended— (1) in paragraph (1), by striking out “savings and loan” and inserting in lieu thereof “savings association”; (2) in paragraph (6), by striking out subparagraph (B) and redesignating the remaining subparagraphs as subparagraphs (B) through (H), respectively; and (3) in paragraph (6)(B) (as so redesignated), by striking out “the Federal Home Loan Bank Board” and inserting in lieu thereof “Director, Office of Thrift Supervision”. (c) Alternative Mortgage Transactions Parity Act.—The Alternative Mortgage Transactions Parity Act of 1982 (12 U.S.C. 3801–06) is amended by striking out “Federal Home Loan Bank Board” each place such term appears and inserting in lieu thereof “Director of the Office of Thrift Supervision”. (d) Expedited Funds Availability Act.—Section 610(a)(2) of the Expedited Funds Availability Act (12 U.S.C. 4009(a)(2)) is amended to read as follows: “(2) section 8 of the Federal Deposit Insurance Act, by the Director of the Office of Thrift Supervision in the case of savings associations the deposits of which are insured by the Federal Deposit Insurance Corporation; and”. (e) Paperwork Reduction Act.—Section 2(a)(10) of the Paperwork Reduction Act of 1980 (44 U.S.C. 3502(a)(10)) is amended by striking out “Federal Home Loan Bank Board” and inserting in lieu thereof “the Federal Housing Finance Board”. (f) Federal Property and Administrative Services Act.—Section 602(11) of the Federal Property and Administrative Services Act of 1949 (40 U.S.C. 474(11)) is amended— (1) by inserting “or the Resolution Trust Corporation” after “Department of Housing and Urban Development”; (2) by striking out “savings and loan accounts” and inserting in lieu thereof “savings association accounts”; and (3) by inserting “under the Federal Deposit Insurance Act or any other law.” after “National Housing Act”. (g) Public Buildings Act.—Section 13(4) of the Public Buildings Act of 1959 (40 U.S.C. 612(d)) is amended by striking out subparagraph (D). 103 STAT. 439 (h) Bank Protection Act.—Section 2 of the Bank Protection Act of 1968 (12 U.S.C. 1881) is amended— (1) in paragraph (4), by— (A) striking out “Federal Home Loan Bank Board” and inserting in lieu thereof “Director of the Office of Thrift Supervision”; (B) striking out “and loan”; and (C) striking “associations” and all that follows through “Corporation”; and (2) in paragraph (3), by inserting “and State savings associations” before “, and”. (i) The Federal Reserve Act.— (1) Section 11.—Section 11(a)(2) of the Federal Reserve Act (12 U.S.C. 248(a)(2)) is amended by striking “(iii) Federal Home Loan Bank Board in the case of any institution insured by the Federal Savings and Loan Insurance Corporation” and inserting “(iii) the Director of the Office of Thrift Supervision in the case of any savings association which is an insured depository institution (as defined in section 3 of the Federal Deposit Insurance Act)”. (2) Section 19(b).—Section 19(b)(1)(A)(vi) of the Federal Reserve Act (12 U.S.C. 461(b)(1)(A)(vi)) is amended to read as follows: “(vi) any savings association (as defined in section 3 of the Federal Deposit Insurance Act) which is an insured depository institution (as defined in such Act) or is eligible to apply to become an insured depository institution under the Federal Deposit Insurance Act; and”. (3) Section 19.—Section 19 of the Federal Reserve Act (12 U.S.C. 461) is amended by striking out “the Federal Home Loan Bank Board,” and inserting in lieu thereof “the Director of the Office of Thrift Supervision,” each place it appears. (j) Public Law 93–495.—Section 3 of title I of Public Law 93–495 (12 U.S.C. 250) is amended by striking “Federal Home Loan Bank Board” and inserting “Director of the Office of Thrift Supervision”. (k) Truth in Lending Act.—Section 108(a)(2) of the Truth in Lending Act (15 U.S.C. 1607(a)(2)) is amended to read as follows: (2) section 8 of the Federal Deposit Insurance Act, by the Director of the Office of Thrift Supervision, in the case of a savings association the deposits of which are insured by the Federal Deposit Insurance Corporation.”. (l) Fair Credit Reporting Act.—Section 621(b)(2) of the Fair Credit Reporting Act (15 U.S.C. 1681s(b)(2)) is amended to read as follows: “(2) section 8 of the Federal Deposit Insurance Act, by the Director of the Office of Thrift Supervision, in the case of a savings association the deposits of which are insured by the Federal Deposit Insurance Corporation;”. (m) Equal Credit Opportunity Act.—Section 704(a)(2) of the Equal Credit Opportunity Act (15 U.S.C. 1691c(a)(2)) is amended to read as follows: “(2) Section 8 of the Federal Deposit Insurance Act, by the Director of the Office of Thrift Supervision, in the case of a savings association the deposits of which are insured by the Federal Deposit Insurance Corporation.”. 103 STAT. 440 (n) Fair Debt Collection Practices Act.—Section 814(b)(2) of the Fair Debt Collection Practices Act (15 U.S.C. 1692/(b)(2)) is amended to read as follows: “(2) section 8 of the Federal Deposit Insurance Act, by the Director of the Office of Thrift Supervision, in the case of a savings association the deposits of which are insured by the Federal Deposit Insurance Corporation;”. (o) Electronic Fund Transfer Act.—Section 917(a)(2) of the Electronic Fund Transfer Act (15 U.S.C. 1693o(a)(2)) is amended to read as follows: “(2) section 8 of the Federal Deposit Insurance Act, by the Director of the Office of Thrift Supervision, in the case of a savings association the deposits of which are insured by the Federal Deposit Insurance Corporation;”. (p) Home Mortgage Disclosure Act of 1975.— (1) Section 305.—Section 305(b)(2) of the Home Mortgage Disclosure Act of 1975 (12 U.S.C. 2804(b)(2)) is amended to read as follows: “(2) section 8 of the Federal Deposit Insurance Act, by the Director of the Office of Thrift Supervision, in the case of a savings association the deposits of which are insured by the Federal Deposit Insurance Corporation; and”. (2) Section 306.—Section 306(b)(2) of the Home Mortgage Disclosure Act of 1975 (12 U.S.C. 2805(b)(2)) is amended to read as follows: “(2) section 8 of the Federal Deposit Insurance Act, by the Director of the Office of Thrift Supervision in the case of a savings association the deposits of which are insured by the Federal Deposit Insurance Corporation.”. (3) Section 307.—Section 307 of the Home Mortgage Disclosure Act of 1975 (12 U.S.C. 2806) is amended by striking “Federal Home Loan Bank Board” each place it appears and inserting “Director of the Office of Thrift Supervision”. (q) Community Reinvestment Act of 1977.—Section 803(1)(D) of the Community Reinvestment Act of 1977 (12 U.S.C. 2902(1)(D)) is amended to read as follows: “(2) section 8 of the Federal Deposit Insurance Act, by the Director of the Office of Thrift Supervision, in the case of a savings association (the deposits of which are insured by the Federal Deposit Insurance Corporation) and a savings and loan holding company;”. (r) Depository Institutions Management Interlocks Act.— (1) Section 207(4) of the Depository Institutions Management Interlocks Act (12 U.S.C. 3206(4)) is amended to read as follows: “(4) the Director of the Office of Thrift Supervision with respect to a savings association (the deposits of which are insured by the Federal Deposit Insurance Corporation) and savings and loan holding companies,”. (s) Depository Institutions Deregulation Act of 1980.—Section 208(a)(2) of the Depository Institutions Deregulation Act of 1980 (12 U.S.C. 3507(a)(2)) is amended to read as follows: “(2) section 8 of the Federal Deposit Insurance Act, by the Director of the Office of Thrift Supervision, in the case of a savings association the deposits of which are insured by the Federal Deposit Insurance Corporation.”. 103 STAT. 441 (t) Federal Trade Commission Act.—Section 18(f)(3) of the Federal Trade Commission Act (Ifî U.S.C. 57a(f)(3)) is amended to read as follows: “(3) Compliance with regulations prescribed under this subsection shall be enforced under section 8 of the Federal Deposit Insurance Act with respect to savings associations as defined in section 3 of the Federal Deposit Insurance Act.”, (u) Securities Exchange Act of 1934.— (1) Section 3.— Section 3(a)(34) of the Securities Exchange Act of 1934 (15 U.S.C. 78c(a)(34)) is amended— (A) in subparagraph (G)— (i) by striking clauses (iv) and (v) and inserting the following: “(iv) the Director of the Office of Thrift Supervision, in the case of a savings association the deposits of which are insured by the Federal Deposit Insurance Corporation;”; and (ii) by redesignating clause (vi) as clause (v); and (B) in the second sentence, by striking “the Federal Home Loan Bank Board” and inserting “the Office of Thrift Supervision”. (2) Section 12.—Section 12(i) of the Securities Exchange Act of 1934 (15 U.S.C. 78/(i)) is amended— (A) in the first sentence— (i) by inserting “and savings associations” after “banks” the first place it appears; (ii) by striking “or institutions the accounts of which are insured by the Federal Savings and Loan Insurance Corporation”; and (iii) by striking paragraph (4) and inserting “(4) with respect to savings associations the accounts of which are insured by the Federal Deposit Insurance Corporation are vested tn the Office of Thrift Supervision”; and (B) in the second sentence, by striking “the Federal Home Loan Bank Board” and inserting “the Office of Thrift Supervision”. (5) Section 15.—Section 15C(f)(1) (15 U.S.C. 78o-5(f)(1)) of such Act is amended by striking “Federal Home Loan Bank Board” and inserting “Director of the Office of Thrift Supervision”.