106 STAT. 3896 PUBLIC LAW 102-550—OCT. 28, 1992

of compensation for directors, officers, or employees of insured
depository institutions.

"(2) APPLICABILITY OF OTHER LAWS.—Paragraph (1) shall
not affect the authority of any appropriate Federal banking
agency to restrict the level of compensation, including golden
parachute payments (as defined in section 18(kX4)), paid to
any director, officer, or employee of an insured depository
institution under any other provision of law.

"(3) SENIOR EXECUTIVE OFFICERS AT UNDERCAPITALIZED
INSTITUTIONS.—Paragraph (1) shall not affect the authority of
any appropriate Federal banking agency to restrict compensa-
tion paid to any senior executive officer of an undercapitalized
insured depository institution pursuant to section 38.

"(4) SAFETY AND SOUNDNESS OR ENFORCEMENT ACTIONS.—
Paragraph (1) shall not be construed as affecting the authority
of any appropriate Federal banking agency under any provision
of this Act other than this section, or under any other provision
of law, to prescribe a specific level or range of compensation
for any director, officer, or employee of an insured depository
institution—

"(A) to preserve the safety and soundness of the institu-
tion; or

"(B) in connection with any action under section 8
or any order issued by the agency, any agreement between
the agency and the institution, or any condition imposed
by the agency in connection with the agency's approval
of an application or other request by the institution, which
is enforceable under section 8."; and

(2) in subsection (eXIXA), by striking "(a), (b), or (cT and
inserting "(a) or (b)w.

SEC. 957. TRUTH IN SAVINGS ACT AMENDMENTS.

(a) ON-PREMISES DISPLAYS.—Section 263 of the Truth in Sav-
ings Act (12 U.S.C. 4302) is amended—

(1) in subsection (a), by striking "subsection (b)" and insert-
ing "subsections (b) and (c)";

(2) by redesignating subsections (c) and (d) as subsections
(d) and (e), respectively; and

(3) by inserting after subsection (b) the following new sub-
section:

a(c) DISCLOSURE REQUIRED FOR ON-PREMISES DISPLAYS.—

"(1) IN GENERAL.—The disclosure requirements contained
in this section shall not apply to any sign (including a rate
board) disclosing a rate or rates of interest which is displayed
on the premises of the depository institution if such sign
contains—

"(A) the accompanying annual percentage yield; and

"(B) a statement that the consumer should request

further information from an employee of the depository

institution concerning the fees and terms applicable to

the advertised account.

"(2) DEFINITION.—For purposes of paragraph (1), a sign
shall only be considered to be displayed on the premises of
a depository institution if the sign is designed to be viewed
only from the ulterior of the premises of the depository institu-
tion.".