Page:United States Statutes at Large Volume 103 Part 1.djvu/381

 PUBLIC LAW 101-73—AUG. 9, 1989 103 STAT. 353 "309. Office of Thrift Supervision.". (b) CONFORMING AMENDMENT.— Section 821(c) of title 31, United States Code, is amended— (1) by adding at the end thereof the following new paragraph: "(3) of the Director of the Office of Thrift Supervision;"; (2) by striking out "and" at the end of paragraph (1); and (3) by striking out the period at the end of paragraph (2) and inserting in lieu thereof; and". (c) GAO AUDIT AUTHORITY.—Section 714(a) of title 31, United States Code, is amended— (1) by inserting ", and the Office of Thrift Supervision" before the period; and (2) by striking out "and" after "Corporation,". (d) CERTAIN REORGANIZATION PROHIBITED.— Section 321 of title 31, United States Code, is amended by adding at the end thereof the following new subsection: "(e) CERTAIN REORGANIZATION PROHIBITED.—The Secretary of the Treasury may not merge or consolidate the Office of Thrift Super- vision, or any of the functions or responsibilities of the Office or the Director of such office, with the Office of the Comptroller of the Currency or the Comptroller of the Currency.". (e) TECHNICAL AND CONFORMING AMENDMENT TO GOVERNMENT CONTROL ACT.— Section 9101(3) of title 31, United States Code, is amended by striking out subparagraph (E). SEC. 308. PRESERVING MINORITY OWNERSHIP OF MINORITY FINANCIAL 12 USC 1463 INSTITUTIONS. ^°^ - (a) (CONSULTATION ON METHODS.— The Secretary of the Treasury shall consult with the Director of the Office of Thrift Supervision and the Chairperson of the Board of Directors of the Federal Deposit Insurance (Corporation on methods for best achieving the following goals: (1) Preserving the present number of minority depository institutions. (2) Preserving their minority character in cases involving mergers or acquisition of a minority depository institution by using general preference guidelines in the following order: (A) Same type of minority depository institution in the same city. (B) Same type of minority depository institution in the same State. (C) Same type of minority depository institution nation- wide. (D) Any type of minority depository institution in the same city. (E) Any type of minority depository institution in the same State. (F) Any type of minority depository institution nation- wide. (G) Any other bidders. (3) Providing technical assistance to prevent insolvency of P institutions not now insolvent. (4) Promoting and encouraging creation of new minority depository institutions. (5) Providing for training, technical assistance, and edu- cational programs. (b) DEFINITIONS.—For purposes of this section—

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