12 USC 2279bb - Definitions

U.S Code last checked for updates: May 05, 2024

§ 2279bb.

Definitions

For purposes of this part:

(1)

Compensation

(2)

Core capital

The term “core capital” means, with respect to the Corporation, the sum of the following (as determined in accordance with generally accepted accounting principles):

(A)

The par value of outstanding common stock.

(B)

The par value of outstanding preferred stock.

(C)

Paid-in capital.

(D)

Retained earnings.

(3)

Director

(4)

Office

(5)

Regulatory capital

(6)

State

(Pub. L. 92–181, title VIII, § 8.31, as added Pub. L. 102–237, title V, § 503(b)(2), Dec. 13, 1991, 105 Stat. 1871.)

cite as: 12 USC 2279bb