Page:United States Statutes at Large Volume 105 Part 2.djvu/922

 105 STAT. 1874 PUBLIC LAW 102-237—DEC. 13, 1991 "(3) the percentage of the aggregate assets of the Corporation acquired pursuant to the linked portfolio option under section 8.6(g) that is determined under subsection (c). "(c) LINKED PORTFOUO ASSETS. —The percentage of any aggregate assets of the Corporation acquired pursuant to the linked portfolio option under section 8.6(g) that is referred to in subsections (a)(8) and (b)(3) of this section (and in section 8.34(3)(A)) shall be— "(1) during the 5-year period beginning on the date of the enactment of this section— "(A) 0.45 percent of any such assets not exceeding $1,000,000,000; "(B) 0.75 percent of any such assets in excess of $1,000,000,000 but not exceeding $2,000,000,000; "(C) 1.00 percent of any such assets in excess of $2,000,000,000 but not exceeding $3,000,000,000; "(D) 1.25 percent of any such assets in excess of $3,000,000,000 but not exceeding $4,000,000,000; "(E) 1.50 percent of any such assets in excess of $4,000,000,000 but not exceeding $5,000,000,000; and "(F) 2.50 percent of any such assets in excess of $5,000,000,000; and "(2) after the expiration of such 5-year period, 2.50 percent of any such aggregate assets. 12 USC "SEC. 8.34. CRITICAL CAPITAL LEVEL. 997QKK—^ "For purposes of this subtitle, the critical capital level for the Corporation shall be an amount of core capital equal to the sum of^ "(1) 1.25 percent of the aggregate on-balance sheet assets of the Corporation (other than assets referred to in paragraph (3)), as determined in accordance with generally accepted accounting principles; "(2) 0.25 percent of the unpaid principal balance of outstanding securities guaranteed by the Corporation and backed by pools of qualified loans and substantially equivalent instruments issued or guaranteed by the Corporation, and other off-balance sheet obligations of the Corporation; and "(3) a percentage of any aggregate assets of the Corporation acquired pursuant to the linked portfolio option under section 8.6(g), which shall be— "(A) during the 5-year period beginning on the date of the enactment of this section, one-half of the percentage that is determined under section 8.33(c)(1); and "(B) after the expiration of such 5-year period, 1.25 percent of any such aggregate assets. 12 USC "SEC. 8.35. ENFORCEMENT LEVELS. "(a) IN GENERAL.— The Director shall classify the Corporation, for purposes of this subtitle, according to the following enforcement levels: "(1) LEVEL I.— The Corporation shall be classified as within level I if the Corporation— "(A) maintains an amount of regulatory capital that is equal to or exceeds the risk-based capital level established under section 8.32; and "(B) equals or exceeds the minimum capital level established under section 8.33.

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