Page:United States Statutes at Large Volume 112 Part 4.djvu/883

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PUBLIC LAW 105-277—OCT. 21, 1998 112 STAT. 2681-854

  • the Republic of Serbia, in particular the broadcast news media,

and have harassed journalists performing their professional duties. (5) Under Slobodan Milosevic, the political opposition in Serbia has been denied free, fair, and equal opportunity to participate in the democratic process. (b) SENSE OF CONGRESS.—It is the sense of Congress that— (1) the United States, the international community, nongovernmental organizations, and the private sector should continue to promote the building of democratic institutions and civic society in the Republic of Serbia, help strengthen the independent news media, and press for the Government of the Republic of Serbia to respect the rule of law; and (2) the normalization of relations between the "Federal Republic of Yugoslavia" (Serbia and Montenegro) and the United States requires, among other things, that President Milosevic and the leadership of Serbia— (A) promote the building of democratic institutions, including strengthening the independent news media and respecting the rule of law; (B) promote the respect for human rights throughout the "Federal Republic of Yugoslavia" (Serbia and Montenegro); and (C) promote and encourage free, fair, and equal conditions for the democratic opposition in Serbia. DIVISION—H Depository Institution-GSE SECTION 1. SHORT TITLE. Affiliation Act of 1998. This Division may be cited as the "Depository Institution-GSE 12 USC 1811 Affiliation Act of 1998". note. SEC. 2. CERTAIN AFFILIATION PERMITTED. Section 18(s) of the Federal Deposit Insurance Act (12 U.S.C. 1828(s)) is amended— (1) by redesignating paragraph (4) as paragraph (5); and (2) by inserting after paragraph (3) the following new paragraph: " (4) STUDENT LOANS.— "(A) IN GENERAL.— This subsection shall not apply to any arrangement between the Holding Company (or any subsidiary of the Holding Company other than the Student Loan Marketing Association) and a depository institution, if the Secretary approves the affiliation and determines that— "(i) the reorganization of such Association in accordance with section 440 of the Higher Education Act of 1965, as amended, will not be adversely affected by the arrangement; "(ii) the dissolution of the Association pursuant to such reorganization will occur before the end of the 2-year period beginning on the date on which such arrangement is consummated or on such earlier date as the Secretary deems appropriate: Provided, That the Secretary may extend this period for not more than 1 year at a time if the Secretary determines that such extension is in the public interest and is