Page:United States Statutes at Large Volume 108 Part 3.djvu/616

This page needs to be proofread.

note. 108 STAT. 2368 PUBLIC LAW 103-328—SEPT. 29, 1994 under section 13(c) of the Federal Deposit Insurance Act.". SEC. 115. MORATORIUM ON EXAMINATION FEES UNDER THE INTER- NATIONAL BANKING ACT OF 1978. 12 USC 3105 (a) BRANCHES, AGENCIES, AND AFFILIATES.— Section 7(c)(1)(D) " °^- of the International Banking Act of 1978 shall not apply with respect to any examination under section 7(c)(1)(A) of such Act which begins before or during the 3-year period beginning on July 25, 1994. 12^^SC 3107 (b) REPRESENTATIVE OFFICES. —The provision of section 10(c) of the International Banking Act of 1978 relating to the cost of examinations under such section shall not apply with respect to any examination under such section which begins before or during the 3-year period beginning on July 25, 1994. TITLE II—GENERAL PROVISIONS SEC. 201. AMENDMENTS TO FEDERAL DEPOSIT INSURANCE ACT AND FEDERAL HOME LOAN BANK ACT. (a) FEDERAL DEPOSIT INSURANCE ACT.— Section ll(d)(14) of the Federal Deposit Insurance Act (12 U.S.C. 1821(d)(14)) is amended by adding at the end the following new subparagraph: "(C) REVIVAL OF EXPIRED STATE CAUSES OF ACTION. — "(i) IN GENERAL. — In the case of any tort claim described in clause (ii) for which the statute of limitation applicable under State law with respect to such claim has expired not more than 5 years before the appointment of the Corporation as conservator or receiver, the Corporation may bring an action as conservator or receiver on such claim without regard to the expiration of the statute of limitation applicable under State law, "(ii) CLAIMS DESCRIBED. —A tort claim referred to in clause (i) is a claim arising from fraud, intentional misconduct resulting in unjust enrichment, or intentional misconduct resulting in substantial loss to the institution.". (b) FEDERAL HOME LOAN BANK ACT.— Section 21A(b)(14) of the Federal Home Loan Bank Act (12 U.S.C. 1441a(b)(14)) is amended by adding at the end the following new subparagraph: "(E) REVIVAL OF EXPIRED STATE CAUSES OF ACTION.— In the case of any tort claim described in subparagraph (A)(ii) for which the statute of limitation applicable under State law with respect to such claim has expired not more than 5 years before the appointment of the Corporation as conservator or receiver, the Corporation may bring an action as conservator or receiver on such claim without regard to the expiration of the statute of limitation applicable under State law.". SEC. 202. SENSE OF THE SENATE CONCERNING MULTILATERAL EXPORT CONTROLS. (a) FINDINGS.— The Senate finds that— (1) the United States and its allies have agreed that as of March 31, 1994, the Coordinating Committee (hereafter referred to as "COCOM"), the multilateral body that controlled