Federal · Title 12 — Banks and Banking
12 U.S.C. § 3352: Emergency exceptions for disaster areas
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makes the exception not later than 30 months after the date on which the President determines, pursuant to section 5170 of title 42 , that a major disaster exists in the area; and would facilitate recovery from the major disaster; and is consistent with safety and soundness. Any exception made under this section shall expire not later than 3 years after the date of the determination referred to in subsection (a)(1). describes any exception made under this section; and would facilitate recovery from the major disaster; and is consistent with safety and soundness. For purposes of this section, the term “disaster area” means an area in which the President, pursuant to section 5170 of title 42 , has determined that a major disaster exists.
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