Page:United States Statutes at Large Volume 105 Part 3.djvu/368

 105 STAT. 2252 PUBLIC LAW 102-242 —DEC. 19, 1991 Discrimination. Disadvantaged. Discrimination. Disadvantaged. (d) CONTENTS.— The information required under subsection (a) may include information regarding the following: (1) The total number and aggregate dollar amount of commercial loans and commercial mortgage loans to small businesses. (2) Charge-offs, interest, and interest fee income on commercial loans and commercial mortgage loans to small businesses. (3) Agricultural loans to small farms. SEC. 123. FDIC PROPERTY DISPOSITION STANDARDS. (a) IN GENERAL.— Section ll(d)(13) of the Federal Deposit Insurance Act (12 U.S.C. 1821(d)(13)) is amended by adding at the end the following new subparagraph: "(E) DISPOSITION OF ASSETS. —In exercising any right, power, privilege, or authority as conservator or receiver in connection with any sale or disposition of assets of any insured depository institution for which the Corporation has been appointed conservator or receiver, including any sale or disposition of assets acquired by the Corporation under section 13(d)(1), the Corporation shall conduct its operations in a manner which— "(i) maximizes the net present value return from the sale or disposition of such assets; "(ii) minimizes the amount of any loss realized in the resolution of cases; "(iii) ensures adequate competition and fair and consistent treatment of offerors; "(iv) prohibits discrimination on the basis of race, sex, or ethnic groups in the solicitation and consideration of offers; and "(v) maximizes the preservation of the availability and affordability of residential real property for lowand moderate-income individuals.". (b) CORPORATE CAPACITY. — Section 13(d)(3) of the Federal Deposit Insurance Act (12 U.S.C. 1823(d)(3)) is amended by adding at the end the following new subparagraph: "(D) DISPOSITION OF ASSETS. —In exercising any right, power, privilege, or authority described in subparagraph (A) regarding the sale or disposition of assets sold to the Corporation pursuant to paragraph (1), the Corporation shall conduct its operations in a manner which— "(i) maximizes the net present value return from the sale or disposition of such assets; "(ii) minimizes the amount of any loss realized in the resolution of cases; "(iii) ensures adequate competition and fair and consistent treatment of offerors; "(iv) prohibits discrimination on the basis of race, sex, or ethnic groups in the solicitation and consideration of offers; and "(v) maximizes the preservation of the availability and affordability of residential real property for lowand moderate-income individuals.".

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