12 USC § 4523 - Limitation on subsequent employment

---
identifier: "/us/usc/t12/s4523"
source: "usc"
legal_status: "official_prima_facie"
title: "12 USC § 4523 - Limitation on subsequent employment"
title_number: 12
title_name: "BANKS AND BANKING"
section_number: "4523"
section_name: "Limitation on subsequent employment"
chapter_number: 46
chapter_name: "GOVERNMENT SPONSORED ENTERPRISES"
subchapter_number: "I"
subchapter_name: "SUPERVISION AND REGULATION OF ENTERPRISES"
part_number: "A"
part_name: "Financial Safety and Soundness Regulator"
positive_law: false
currency: "119-84"
last_updated: "2026-04-17"
format_version: "1.1.0"
generator: "[email protected]"
source_credit: "(Pub. L. 102–550, title XIII, § 1319D, Oct. 28, 1992, 106 Stat. 3951; Pub. L. 110–289, div. A, title I, § 1161(a)(5), July 30, 2008, 122 Stat. 2779.)"
---


# § 4523. Limitation on subsequent employment

section 5107 of title 5

Neither the Director nor any former officer or employee of the Agency who, while employed by the Agency, was compensated at a rate in excess of the lowest rate for a position classified higher than GS–15 of the General Schedule under  may accept compensation from an enterprise during the 2-year period beginning on the date of separation from employment by the Agency.

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**Source Credit**: (Pub. L. 102–550, title XIII, § 1319D, Oct. 28, 1992, 106 Stat. 3951; Pub. L. 110–289, div. A, title I, § 1161(a)(5), July 30, 2008, 122 Stat. 2779.)

## Editorial Notes

### Amendments

2008— substituted “the Agency” for “the Office” wherever appearing.