HR 5940 IH
101st CONGRESS
2d Session
 H. R. 5940
To amend the Financial Institutions Reform, Recovery and Enforcement Act
of 1989 for the purpose of protecting residential tenants from unnecessary
eviction by the Resolution Trust Corporation.
IN THE HOUSE OF REPRESENTATIVES
October 26, 1990
Mr. ENGEL introduced the following bill; which was referred to the Committee
on Banking, Finance and Urban Affairs
A BILL
To amend the Financial Institutions Reform, Recovery and Enforcement Act
of 1989 for the purpose of protecting residential tenants from unnecessary
eviction by the Resolution Trust Corporation.
  Be it enacted by the Senate and House of Representatives of the United
  States of America in Congress assembled, That section 212(e)(1) of the
  Financial Institutions Reform, Recovery and Enforcement Act of 1989 (12
  U.S.C. 1821 (e)(1)) is amended--
  (1) by the inserting at the end of section 212(e)(1)(C) the following
  language:
  `(D) The right of a conservator or receiver for any insured depository
  institution to disaffirm or repudiate any a contract or lease shall not
  extend to residential leases that are required by operation of State law.'