Page:United States Statutes at Large Volume 107 Part 3.djvu/473

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PUBLIC LAW 103-204—DEC. 17, 1993 107 STAT. 2411 available to the Savings Association Insurance Fund under this Act were used. (b) TIME FOR SUBMISSION.—The reports described in subsection (a) shall be transmitted— (1) not later than 45 da^s after the final e]n>enditure of funds provided for under this Act by the Resolution Trust Corporation; and (2) not later than 45 days after the final expenditure of funds authorized to be provided under this Act by the Savings Association Insurance Fund. SEC. 29. GENERAL COUNSEL OF THE RESOLUTION TRUST CORPORA- TION. Section 21A(b)(8) of the Federal Home Loan Bank Act (12 U.S.C. 1441a(b)(8)) is amended by adding after subparagraph (F) (as added by section 24 of this Act) the following new subparagraph: "(G) GENERAL COUNSEL. — There is established the Establishment. Office of General Counsel of the Corporation. The chief executive officer, with the concurrence of the Chairperson of the Thrift Depositor Protection Oversight Board, may appoint the general counsel, who shall be an employee of the Federal Deposit Insurance Corporation, in accordance with subparagraph (B)(i). The general counsel shall perform such duties as the diief executive officer may require.". SEC. SO. AUTHORITY TO EXECUTE CONTRACTS. Section 21A of the Federal Home Loan Bank Act (12 U.S.C. 1441a) is amended by adding after subsection (x) (as added by section 5 of this Act) the following new subsection: "(y) AUTHORITY TO EXECUTE CONTRACTS. — "(1) AUTHORIZED PERSONS. — A person may execute a contract on behalf of the Corporation for the provision of goods or services only if— "(A) that person—

  • \i) is a warranted contracting officer appointed

by the Corporation, or is a managing agent of a savings association under the conservatorship of the Corporation; and "(ii) provides appropriate certification or other identification, as requuredby the Corporation in accordance with paragraph (2); "(B) the notice described in paragraph (4) is included in the written contract; and "(C) that person has appropriate authority to execute the contract on behalf of the Corporation in accordance with the notice published by the Corporation in accordance with paragraph (5). " (2) PRESENTATION OF IDENTIFICATION.— Prior to executing any contract described in paragraph (1) with any person, a warranted contracting officer or managing agent shall present to that person— "(A) a valid certificate of appointment (or such other identification as may be required by the Corporation) that is signed by the appropriate officer of the Corporation; or "(B) a copy of such certificate, authenticated by the Corporation.