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PUBLIC LAW 111–203—JULY 21, 2010 124 STAT. 1535

(3) shall, jointly with the Director of the Office of Thrift Procedures.
Supervision, develop and adopt procedures and safeguards
designed to ensure that the requirements of this subsection
are met; and
(4) shall conduct a study detailing the position assignments Study.
of all employees transferred pursuant to subsection (a),
describing the procedures and safeguards adopted pursuant
to paragraph (3), and demonstrating that the requirements
of this subsection have been met; and shall, not later than Deadline.
365 days after the transfer date, submit a copy of such study
to Congress.
(l) REORGANIZATION.—
(1) IN GENERAL.—If the Comptroller of the Currency or Time period.
the Chairperson of the Corporation determines, during the
2-year period beginning 1 year after the transfer date, that
a reorganization of the staff of the Office of the Comptroller
of the Currency or the Corporation, respectively, is required,
the reorganization shall be deemed a ‘‘major reorganization’’
for purposes of affording affected employees retirement under
section 8336(d)(2) or 8414(b)(1)(B) of title 5, United States
Code.
(2) SERVICE CREDIT.—For purposes of this subsection,
periods of service with a Federal home loan bank or a joint
office of Federal home loan banks shall be credited as periods
of service with a Federal agency.

SEC. 323. PROPERTY TRANSFERRED. 12 USC 5433.
(a) PROPERTY DEFINED.—For purposes of this section, the term
‘‘property’’ includes all real property (including leaseholds) and all
personal property, including computers, furniture, fixtures, equip-
ment, books, accounts, records, reports, files, memoranda, paper,
reports of examination, work papers, and correspondence related
to such reports, and any other information or materials.
(b) PROPERTY OF THE OFFICE OF THRIFT SUPERVISION.—
(1) IN GENERAL.—No later than 90 days after the transfer Deadline.
date, all property of the Office of Thrift Supervision (other
than property described under paragraph (b)(2)) that the Comp-
troller 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, shall be trans-
ferred to the Office of the Comptroller of the Currency or
the Corporation in a manner consistent with the transfer of
employees under this subtitle.
(2) PERSONAL PROPERTY.—All books, accounts, records,
reports, files, memoranda, papers, documents, reports of exam-
ination, work papers, and correspondence of the Office of Thrift
Supervision that the Comptroller of the Currency, the Chair-
person 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 shall be transferred to the Board of Governors

LAWS in a manner consistent with the purposes of this title. (c) CONTRACTS RELATED TO PROPERTY TRANSFERRED.—Each contract, agreement, lease, license, permit, and similar arrangementPUBLIC with on anorris VerDate Nov 24 2008 21:17 Aug 02, 2010 Jkt 089139 PO 00203 Frm 00161 Fmt 6580 Sfmt 6581 E:\PUBLAW\PUBL203.111 PUBL203