Fabio
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Ingested titles 12–51 and 54 from OLRC USLM XML @119-100 (the whole Code now, uniform edition; Title 53 is reserved/empty). LegalText 11,221 -> 59,740; repo total 105,704 records. Deterministic (byte-identical rerun, verified on Title 42's 8,356 sections); make check green. make legal-us-code default now covers every title. Co-Authored-By: Claude Opus 4.8 <noreply@anthropic.com>
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| type | title | description | jurisdiction | corpus | kind | title_number | title_name | chapter_number | chapter_name | section | citation | status | release_point | release_date | source | source_url | source_identifier | source_file | source_hash | raw_snapshot_hash | text_hash | retrieved_at | confidence | tags | ||
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| LegalText | 12 U.S.C. § 5394 | Prohibition on taxpayer funding | us | united_states_code | code_section | 12 | BANKS AND BANKING | 53 | WALL STREET REFORM AND CONSUMER PROTECTION | 5394 | 12 U.S.C. § 5394 | current | 119-100 | 2026-06-26 | official | https://uscode.house.gov/download/releasepoints/us/pl/119/100/xml_usc12@119-100.zip | /us/usc/t12/s5394 | data/legal/raw/us/code/title-12/usc12.xml | 03ded282558ef60fec1cab180e07e5c0dfbd43eb6c6ad1c0071d14d37e2c671e | e6b98700ef4156ac33fde5d105824845d727afa91a53f3762be2cf4d1a3b01fa | 55bcf3742f1b745ab690f91c01dcb73144980207b24d5120f2ec52f9e7c48b84 | 2026-07-04 | official |
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12 U.S.C. § 5394 - Prohibition on taxpayer funding
Text
(a) Liquidation required All financial companies put into receivership under this subchapter shall be liquidated. No taxpayer funds shall be used to prevent the liquidation of any financial company under this subchapter.
(b) Recovery of funds All funds expended in the liquidation of a financial company under this subchapter shall be recovered from the disposition of assets of such financial company, or shall be the responsibility of the financial sector, through assessments.
(c) No losses to taxpayers Taxpayers shall bear no losses from the exercise of any authority under this subchapter.
(Pub. L. 111–203, title II, § 214, July 21, 2010, 124 Stat. 1518.)
Notes
Editorial Notes
References in TextThis subchapter, referred to in text, was in the original “this title”, meaning title II of Pub. L. 111–203, July 21, 2010, 124 Stat. 1442, which is classified principally to this subchapter. For complete classification of title II to the Code, see Tables.
Statutory Notes and Related Subsidiaries
Effective DateSection effective 1 day after July 21, 2010, except as otherwise provided, see section 4 of Pub. L. 111–203, set out as a note under section 5301 of this title.