Pub. L. 91-151, tit. I, sec. 1

Section 1. Section 7 of the Act of September 21, 1966 (Public Law 89–587; 80 Stat. 823) is amended to read: “Sec. 7. Effective March 22, 1971: “(1) So much of section 19(j) of the Federal Reserve Act (12 U.S.C. 371(b)) as precedes the third sentence thereof is amended to read as it would without the amendment made by section 2(c) of this Act. “(2) The second and third sentences of section 18(g) of the Federal Deposit Insurance Act (12 U.S.C. 1828(g)) are amended to read as they would without the amendment made by section 3 of this Act. “(3) The last three sentences of section 18(g) of the Federal 83 Stat. 372 Deposit Insurance Act (12 U.S.C. 1828(g)) are repealed. “(4) Section 513 of the Federal Home Loan Bank Act (12 U.S.C. 1425b) is repealed.”