Statute · United States Code
12 U.S.C. § 4518a — Limitation on bonuses to executives of Fannie Mae and Freddie Mac
12 U.S.C. § 4518a
- Type
- Statute
- Source
- United States Code
- Jurisdiction
- Federal
- Date
- 2025-01-06
- Topic
- employee-benefits-and-executive-compensation
Notwithstanding any other provision in law, senior executives at the Federal National Mortgage Association and the Federal Home Loan Mortgage Corporation are prohibited from receiving bonuses during any period of conservatorship for those entities on or after April 4, 2012.
Citator
12 U.S.C. § 4518a — Limitation on bonuses to executives of Fannie Mae and Freddie Mac is in force in the current edition of the Code, and nothing recorded condemns it.
Notwithstanding any other provision in law, senior executives at the Federal National Mortgage Association and the Federal Home Loan Mortgage Corporation are prohibited from receiving bonuses during any period of conservatorship for those entities on or after April 4, 2012.