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12 USC § 4637 - Notice after separation from service

---
identifier: "/us/usc/t12/s4637"
source: "usc"
legal_status: "official_prima_facie"
title: "12 USC § 4637 - Notice after separation from service"
title_number: 12
title_name: "BANKS AND BANKING"
section_number: "4637"
section_name: "Notice after separation from service"
chapter_number: 46
chapter_name: "GOVERNMENT SPONSORED ENTERPRISES"
subchapter_number: "III"
subchapter_name: "ENFORCEMENT PROVISIONS"
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, § 1379, formerly § 1377, Oct. 28, 1992, 106 Stat. 3992; renumbered § 1379 and amended Pub. L. 110–289, div. A, title I, §§ 1153(a)(1), 1156(b)(1), 1157, July 30, 2008, 122 Stat. 2770, 2777.)"
---

# § 4637. Notice after separation from service

The resignation, termination of employment or participation, or separation of an entity-affiliated party shall not affect the jurisdiction and authority of the Director to issue any notice and proceed under this subchapter against any such entity-affiliated party, if such notice is served before the end of the 6-year period beginning on the date such entity-affiliated party ceases to be associated with the regulated entity.

---

**Source Credit**: (Pub. L. 102–550, title XIII, § 1379, formerly § 1377, Oct. 28, 1992, 106 Stat. 3992; renumbered § 1379 and amended Pub. L. 110–289, div. A, title I, §§ 1153(a)(1), 1156(b)(1), 1157, July 30, 2008, 122 Stat. 2770, 2777.)

## Editorial Notes

### Prior Provisions

A prior  was renumbered section 1379B and is classified to .

### Amendments

2008—, which directed the substitution of “regulated entity.” for “enterprise.” could not be executed because of the prior amendment by . See below.

, which directed the substitution of “entity-affiliated party” for “director or officer” wherever appearing, was executed by making the substitution for “director or executive officer” in two places, to reflect the probable intent of Congress.

, which directed the substitution of “an entity-affiliated party” for “a director or executive officer of an enterprise”, was executed by making the substitution for “a director or executive officer of a regulated entity”, to reflect the probable intent of Congress and the prior amendment by . See below.

, substituted “6-year” for “2-year”.

, substituted “a regulated entity” for “an enterprise” and “the regulated entity” for “the enterprise”.