106 STAT. 4088

PUBLIC LAW 102-550—OCT. 28, 1992

12 USC 1818
and note.

105 Stat. 2379.

12 USC 1467a.

12 USC 1467a.

12 USC U67a.

12 USC 1821
note.

(1) by inserting a comma before "for civil actions under
section 951"; and

(2) by inserting a comma after "United States Code".

(c) AMENDMENT RELATING TO SUBTITLE C.—Section ll(dX4XA)
of the Federal Deposit Insurance Act (12 U.S.C. 1821(dX4XA» (as
amended by section 416 of the Federal Deposit Insurance Corpora-
tion Improvement Act of 1991) is amended by striking "determina-
tions" and inserting "determination".

(d) AMENDMENT RELATING TO SUBTITLE D.—The heading for
section 422 of the Federal Deposit Insurance Corporation Improve-
ment Act of 1991 is amended by striking "BOARD" and inserting
"ADVISORY COMMITTEE".

(e) AMENDMENT RELATING TO SUBTITLE F.—Section 431(aX2)
of the Federal Deposit Insurance Corporation Improvement Act
of 1991 is amended by inserting "(hereafter hi this subsection
referred to as the 'Secretary*)" after "Secretary of the Treasury".

(f) AMENDMENTS RELATING TO SUBTITLE G.—

(1) Section 5(cX2XBXiii) of the Home Owners' Loan Act
(12 U.S.C. 1464(cX2XB)) is amended to read as follows:

"(iii) MONITORING.—If the Director permits any
increased authority pursuant to clause (ii), the Director
shall closely monitor the Federal savings association's
condition and lending activities to ensure that the sav-
ings association carries out all authority under this
paragraph in a safe and sound manner and complies
with this subparagraph and all relevant laws and
regulations.".

(2) Section 5(cX2XC) of the Home Owners' Loan Act (12
U.S.C. 1464(cX2XC)) is amended by striking the comma after
Including".

(3) The last sentence of section 5(cX2XD) of the Home
Owners' Loan Act (12 U.S.C. 1464(cX2XB)) (as amended by
section 441(a) of the Federal Deposit Insurance Corporation
Improvement Act of 1991) is amended by inserting before the
period the following: ", except that amounts in excess of 30
percent of the assets may be invested only in loans which
are made by the association directly to the original obligor
and with respect to which the association does not pay any
finder, referral, or other fee, directly or indirectly, to any third
party".

(4) Section 437 of the Federal Deposit Insurance Corpora-
tion Improvement Act of 1991 is amended—

(A) by striking "Section KXmXIXB)" and inserting "(a)
IN GENERAL.—Section KXmXIXB)"; and

(B) by adding at the end the following new subsection:
"(b) TECHNICAL AND CONFORMING AMENDMENTS.—

"(1) Section 10(mXlXA) of the Home Owners' Loan Act
(12 U.S.C. 1467(mXlXA)) is amended by striking 70 percent'
and inserting '65 percent'.

"(2) The first sentence of section l(XmX3XD) of the Home
Owners' Loan Act (12 U.S.C. 1467(mX3XD)) is amended by
striking for the preceding 2-year period* and inserting 'on a
monthly average oasis in 9 out of the preceding 12 months'.".

(g) AMENDMENTS RELATING TO SUBTITLE I.—

(1) Section 451(bX3) of the Federal Deposit Insurance Cor-
poration Improvement Act of 1991 is amended by striking
*ll(i)" and inserting tt3(iX2)".