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12 U.S.C. § 4523

U.S. CodeFederal
Limitation on subsequent employment
About This Law
/us/usc/t12/s4523
Title
12 — Banks and Banking
Chapter
CH46
Release
119-84
Release Date
2026-04-17

Section Text

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Neither the Director nor any former officer or employee of the Agency who, while employed by the Agency, was compensated at a rate in excess of the lowest rate for a position classified higher than GS–15 of the General Schedule under section 5107 of title 5 may accept compensation from an enterprise during the 2-year period beginning on the date of separation from employment by the Agency. (Pub. L. 102–550, title XIII, § 1319D, Oct. 28, 1992, 106 Stat. 3951; Pub. L. 110–289, div. A, title I, § 1161(a)(5), July 30, 2008, 122 Stat. 2779.) Editorial Notes Amendments2008—Pub. L. 110–289 substituted “the Agency” for “the Office” wherever appearing.

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