{"identifier":"/us/usc/t12/s5433","title":12,"num":"\u00a7\u202f5433.","heading":"Property transferred","text":"\u00a7\u202f5433.\nProperty transferred\n(a)\nProperty defined\nFor purposes of this section, the term \u201cproperty\u201d includes all real property (including leaseholds) and all personal property, including computers, furniture, fixtures, equipment, books, accounts, records, reports, files, memoranda, paper, reports of examination, work papers, and correspondence related to such reports, and any other information or materials.\n(b)\nProperty of the Office of Thrift Supervision\n(1)\nIn general\nNo later than 90 days after the transfer date, all property of the Office of Thrift Supervision (other than property described under paragraph (b)(2)) that the Comptroller of the Currency and the Chairperson of the Corporation jointly determine is used, on the day before the transfer date, to perform or support the functions of the Office of Thrift Supervision transferred to the Office of the Comptroller of the Currency or the Corporation under this title,\n1\n1 See References in Text note below.\n(2)\nPersonal property\nAll books, accounts, records, reports, files, memoranda, papers, documents, reports of examination, work papers, and correspondence of the Office of Thrift Supervision that the Comptroller of the Currency, the Chairperson of the Corporation, and the Chairman of the Board of Governors jointly determine is used, on the day before the transfer date, to perform or support the functions of the Office of Thrift Supervision transferred to the Board of Governors under this title\n1\n1\n(c)\nContracts related to property transferred\nEach contract, agreement, lease, license, permit, and similar arrangement relating to property transferred to the Office of the Comptroller of the Currency or the Corporation by this section shall be transferred to the Office of the Comptroller of the Currency or the Corporation, as appropriate, together with the property to which it relates.\n(d)\nPreservation of property\nProperty identified for transfer under this section shall not be altered, destroyed, or deleted before transfer under this section.","url":"https://projectusc.org/usc/t12/s5433.html","content":[{"t":"sec","id":"/us/usc/t12/s5433","children":[{"t":"num","text":"\u00a7\u202f5433."},{"t":"heading","text":"Property transferred"},{"t":"subsec","id":"/us/usc/t12/s5433/a","children":[{"t":"num","text":"(a)"},{"t":"heading","text":"Property defined"},{"t":"content","children":[{"t":"p","text":"For purposes of this section, the term \u201cproperty\u201d includes all real property (including leaseholds) and all personal property, including computers, furniture, fixtures, equipment, books, accounts, records, reports, files, memoranda, paper, reports of examination, work papers, and correspondence related to such reports, and any other information or materials.","tail":"\n"}],"tail":"\n"}],"tail":"\n"},{"t":"subsec","id":"/us/usc/t12/s5433/b","children":[{"t":"num","text":"(b)"},{"t":"heading","text":"Property of the Office of Thrift Supervision"},{"t":"para","id":"/us/usc/t12/s5433/b/1","children":[{"t":"num","text":"(1)"},{"t":"heading","text":"In general"},{"t":"content","children":[{"t":"p","text":"No later than 90 days after the transfer date, all property of the Office of Thrift Supervision (other than property described under paragraph (b)(2)) that the Comptroller of the Currency and the Chairperson of the Corporation jointly determine is used, on the day before the transfer date, to perform or support the functions of the Office of Thrift Supervision transferred to the Office of the Comptroller of the Currency or the Corporation under this title,","children":[{"t":"ref","text":"1"},{"t":"num","text":"1","tail":"\u202fSee References in Text note below."},{"t":"text","text":"\u202fSee References in Text note below.","tail":" shall be transferred to the Office of the Comptroller of the Currency or the Corporation in a manner consistent with the transfer of employees under this part."}],"tail":"\n"}],"tail":"\n"}],"tail":"\n"},{"t":"para","id":"/us/usc/t12/s5433/b/2","children":[{"t":"num","text":"(2)"},{"t":"heading","text":"Personal property"},{"t":"content","children":[{"t":"p","text":"All books, accounts, records, reports, files, memoranda, papers, documents, reports of examination, work papers, and correspondence of the Office of Thrift Supervision that the Comptroller of the Currency, the Chairperson of the Corporation, and the Chairman of the Board of Governors jointly determine is used, on the day before the transfer date, to perform or support the functions of the Office of Thrift Supervision transferred to the Board of Governors under this title\u202f","children":[{"t":"text","text":"1","tail":" shall be transferred to the Board of Governors in a manner consistent with the purposes of this title."},{"t":"text","text":"1"}],"tail":"\n"}],"tail":"\n"}],"tail":"\n"}],"tail":"\n"},{"t":"subsec","id":"/us/usc/t12/s5433/c","children":[{"t":"num","text":"(c)"},{"t":"heading","text":"Contracts related to property transferred"},{"t":"content","children":[{"t":"p","text":"Each contract, agreement, lease, license, permit, and similar arrangement relating to property transferred to the Office of the Comptroller of the Currency or the Corporation by this section shall be transferred to the Office of the Comptroller of the Currency or the Corporation, as appropriate, together with the property to which it relates.","tail":"\n"}],"tail":"\n"}],"tail":"\n"},{"t":"subsec","id":"/us/usc/t12/s5433/d","children":[{"t":"num","text":"(d)"},{"t":"heading","text":"Preservation of property"},{"t":"content","children":[{"t":"p","text":"Property identified for transfer under this section shall not be altered, destroyed, or deleted before transfer under this section.","tail":"\n"}],"tail":"\n"}],"tail":"\n"},{"t":"text","text":"\n"},{"t":"text","text":"\n"}]}]}