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Co-Authored-By: Claude Opus 4.8 <noreply@anthropic.com>
2026-07-06 10:51:44 -04:00

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LegalText 12 U.S.C. § 4518a Limitation on bonuses to executives of Fannie Mae and Freddie Mac us united_states_code code_section 12 BANKS AND BANKING 46 GOVERNMENT SPONSORED ENTERPRISES 4518a 12 U.S.C. § 4518a 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/s4518a data/legal/raw/us/code/title-12/usc12.xml 3e06d057b7ab980d89df6a962ebc6b0ae4554071fb3960787e95f8bbe78a5126 e6b98700ef4156ac33fde5d105824845d727afa91a53f3762be2cf4d1a3b01fa cf28f93b1fc8f07b90ce820f3edd34d9ea1f28014ea9f65708d4e1714a4a04a6 2026-07-04 official
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12 U.S.C. § 4518a - Limitation on bonuses to executives of Fannie Mae and Freddie Mac

Text

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.

(Pub. L. 112105, § 16, Apr. 4, 2012, 126 Stat. 303.)

Notes

Editorial Notes

Codification Section was enacted as part of the Representative Louise McIntosh Slaughter Stop Trading on Congressional Knowledge Act, also known as the STOCK Act, and not as part of the Federal Housing Enterprises Financial Safety and Soundness Act of 1992 which comprises this chapter.