Page:United States Statutes at Large Volume 103 Part 1.djvu/385

 PUBLIC LAW 101-73—AUG. 9, 1989 103 STAT. 357 provision of law applicable with respect to such Board (other than title IV of the National Housing Act); and (B) existed on the day before the date of the enactment of this Act. (2) CONTINUATION OF SUITS.— (A) IN GENERAL. —No action or other proceeding com- menced by or against the Federal Home Loan Bank Board, or any Federal home loan bank with respect to any function of the Board which was delegated to employees of such bank, shall abate by reason of the enactment of this Act, except that the appropriate successor to the interests of such Board shall be substituted for the Board or the Federal . home loan bank as a party to any such action or proceeding, (h) CONTINUATION OF ORDERS, RESOLUTIONS, DETERMINATIONS, AND REGULATIONS.—Subject to section 402, all orders, resolutions, deter- minations, and regulations, which— (1) have been issued, made, prescribed, or allowed to become effective by the Federal Savings and Loan Insurance Corpora- tion or the Federal Home Loan Bank Board (including orders, resolutions, determinations, and regulations which relate to the conduct of conservatorships and receiverships), or by a court of competent jurisdiction, in the performance of functions which are transferred by this Act; and (2) are in effect on the date this Act takes effect, shall continue in effect according to the terms of such orders, resolutions, determinations, and regulations and shall be enforce- able by or against the Director of the Office of Thrift Supervision, the Federal Deposit Insurance Corporation, the Federal Housing Finance Board, or the Resolution Trust Corporation, as the case may be, until modified, terminated, set aside, or superseded in accord- ance with applicable law by the Director of the Office of Thrift Supervision, the Federal Deposit Insurance Corporation, the Federal Housing Finance Board, or the Resolution Trust Corporation, as the case may be, by any court of competent jurisdiction, or by operation of law. (i) IDENTIFICATION OF REGULATIONS WHICH REMAIN IN EFFECT PURSUANT TO THIS SECTION.— Before the end of the 60-day period beginning on the date of the enactment of this Act, the Director of the Office of Thrift Supervision and the Chairperson of the Federal ^ Deposit Insurance Corporation shall— (1) identify the regulations and orders which relate to the conduct of conservatorships and receiverships in accordance with the allocation of authority between them under this Act and the amendments made by this Act; and (2) promptly publish notice of such identification in the Fed- Federal eral Register. Register, SEC. 402. CONTINUATION AND COORDINATION OF CERTAIN REGULATIONS. (a) REGULATIONS RELATING TO INSURANCE FUNCTIONS.—Al l regula- tions and orders of the Federal Savings and Loan Insurance Cor- poration, or the Federal Home Loan Bank Board (in such Board's capacity as the board of trustees of such Corporation), which are in effect on the date of the enactment of this Act and relate to— (1) the provision, rates, or cancellation of insurance of ac- counts; or (2) the administration of the insurance fund of the Federal Savings and Loan Insurance Corporation, publication.

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