12 U.S.C. § 5394
Title 12
Chapter 53
Current through PL 116-220
~1 min read
Last updated: March 30, 2026
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Sections in this chapter
- § 5301
- § 5302
- § 5303
- § 5311
- § 5321
- § 5322
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- § 5325
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- § 5330
- § 5331
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- § 5364
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- § 5386
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- § 5388
- § 5389
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- § 5391
- § 5392
- § 5393
- § 5394
- § 5401
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- § 5411
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- § 5451
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- § 5551
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- § 5601
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- § 5614
- § 5621
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- § 5623
- § 5624
- § 5625
- § 5626
- § 5627
- § 5628
- § 5641
§ 5394. Prohibition on taxpayer funding
- (a) All financial companies put into receivership under this subchapter shall be liquidated. No taxpayer funds shall be used to prevent the liquidation of any financial company under this subchapter.
- (b) All funds expended in the liquidation of a financial company under this subchapter shall be recovered from the disposition of assets of such financial company, or shall be the responsibility of the financial sector, through assessments.
- (c) Taxpayers shall bear no losses from the exercise of any authority under this subchapter.
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