Page:United States Statutes at Large Volume 96 Part 2.djvu/163

 PUBLIC LAW 97-320—OCT. 15, 1982

96 STAT. 1525

(3) by striking out "(E)" in the second sentence of paragraph (4)(D), as redesignated, and inserting in lieu thereof '(F)"; (4) by striking out "(C)" in paragraph (F), as redesignated, and inserting in lieu thereof "(D)"; (5) by striking out, in paragraph (5)(A), "or (C)" and inserting in lieu thereof "(C), or (D)"; and (6) by striking out, in paragraph (12)(A), "(4)(C), (4)(D)" and inserting in lieu thereof "(4)(D), (4)(E)". (b)(1) Section 407(g) of the National Housing Act (12 U.S.C. 1730(g)) is amended— (A) by redesignating paragraphs (3) through (5) as paragraphs (4) through (6), respectively, and by inserting after paragraph (2) the following new paragraph: "(3) Whenever, in the opinion of the Corporation, any director or officer of an insured institution has committed a violation of the Depository Institution Management Interlocks Act, the Corporation 12 USC 3201 may serve upon such director or officer a written notice of its "^*^intention to remove him from office or to prohibit his further participation in any manner in the conduct of the affairs of the institution."; (B) by striking out "or (2)" each place it appears in paragraphs (4) and (6), as redesignated, and inserting in lieu thereof ", (2) or (3)"; (C) by striking out "(5)" in paragraph (4), as redesignated, and inserting in lieu thereof "(6)"; and (D) by striking out "(3)" in paragraph (6), as redesignated, and inserting in lieu thereof "(4)". (2) Section 407(h)(1) of the National Housing Act (12 U.S.C. 1730(h)(1)) is amended by striking out "or (3)" in the fourth sentence and inserting in lieu thereof "(3) or (4)". (3) Section 407(p)(l) of the National Housing Act (12 U.S.C. 1730(p)(l)) is amended by striking out "(g)(3), (g)(4)," and inserting in lieu thereof "(g)(4), (g)(5),". (c)(1) Section 206(g) of the Federal Credit Union Act (12 U.S.C. 1786(g)) is amended— (A) by redesignating paragraphs (3) through (5) as paragraphs (4) through (6), respectively, and by inserting after paragraph (2) the following new paragraph: "(3) Whenever, in the opinion of the Board, any director, officer, or committee member of an insured credit union has committed any violation of the Depository Institution Management Interlocks Act, the Board may serve upon such director, officer, or committee member a written notice of its intention to remove him from office."; (B) by striking out "or (2)" each place it appears in paragraphs (4) or (6), as redesignated, and inserting in lieu thereof ", (2), or (3)"; (C) by striking out "(5)" in paragraph (4), as redesignated, and inserting in lieu thereof "(6)"; and (D) by striking out "(3)" in paragraph (6), as redesignated, and inserting in lieu thereof "(4)". (2) Section 206(k) of the Federal Credit Union Act (12 U.S.C. 1786(k)) is amended by striking out "(3), (g)(4)" and inserting in lieu thereof "(4), (g)(5)". (d)(1) Section 8(e) of the Federal Deposit Insurance Act (12 U.S.C. 1818(e)) is amended—

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