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Co-Authored-By: Claude Opus 4.8 <noreply@anthropic.com>
2026-07-06 09:52:37 -04:00

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LegalText 5 U.S.C. § 411 Special provisions concerning the Federal Deposit Insurance Corporation us united_states_code code_section 5 GOVERNMENT ORGANIZATION AND EMPLOYEES 4 INSPECTORS GENERAL 411 5 U.S.C. § 411 current 119-100 2026-06-26 official https://uscode.house.gov/download/releasepoints/us/pl/119/100/xml_usc05@119-100.zip /us/usc/t5/s411 data/legal/raw/us/code/title-05/usc05.xml 2e9a869882155cb12c4d0abbdddea66a6648ab41d161e8a782945b0eef03d5b3 719fdb18e7085aede50e1e97c1c129fa6058e2c5c12b3d77a9b9044b1769e540 1f725542cb2f59ff5ded02ffab2bf4042ea0e49416f6357a9eb7f4a56f981757 2026-07-04 official
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5 U.S.C. § 411 - Special provisions concerning the Federal Deposit Insurance Corporation

Text

(a) Delegation.— The Chairperson of the Federal Deposit Insurance Corporation may delegate the authority specified in the 2d sentence of section 403(a) of this title to the Vice Chairperson of the Board of Directors of the Federal Deposit Insurance Corporation, but may not delegate such authority to any other officer or employee of the Corporation.

(b) Personnel.— Notwithstanding paragraphs (7) and (8) of section 406(a) of this title, the Inspector General of the Federal Deposit Insurance Corporation may select, appoint, and employ such officers and employees as may be necessary for carrying out the functions, powers, and duties of the Office of Inspector General and may obtain the temporary or intermittent services of experts or consultants or an organization of experts or consultants, subject to the applicable laws and regulations that govern such selections, appointments, and employment, and the obtaining of such services, within the Federal Deposit Insurance Corporation.

(Pub. L. 117286, § 3(b), Dec. 27, 2022, 136 Stat. 4228.)

Notes

Historical and Revision Notes RevisedSectionSource (U.S. Code)Source (Statutes at Large) 4115 U.S.C. App. (IGA § 8C)Pub. L. 95452, § 8C, as added Pub. L. 103204, § 23(a)(2), Dec. 17, 1993, 107 Stat. 2407.