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§ 3304. —  Costs and expenses of Council. - US § 3304. —  Costs and expenses of Council. - US Code : CHAN ROBLES VIRTUAL LAW LIBRARY

[Laws in effect as of January 24, 2002]
[Document not affected by Public Laws enacted between
  January 24, 2002 and December 19, 2002]
[CITE: 12USC3304]

 
                       TITLE 12--BANKS AND BANKING
 
     CHAPTER 34--FEDERAL FINANCIAL INSTITUTIONS EXAMINATION COUNCIL
 
Sec. 3304. Costs and expenses of Council

    One-fifth of the costs and expenses of the Council, including the 
salaries of its employees, shall be paid by each of the Federal 
financial institutions regulatory agencies. Annual assessments for such 
share shall be levied by the Council based upon its projected budget for 
the year, and additional assessments may be made during the year if 
necessary.

(Pub. L. 95-630, title X, Sec. 1005, Nov. 10, 1978, 92 Stat. 3695.)




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