### Question
Can you define what transfer date means?


### Answer
**Transfer date** is defined as the following in *12 U.S.C. § 5411*:

> the date that is 1 year after July 21, 2010

#### Citation:
  - *12 U.S.C. § 5411*
  - Heading: **CHAPTER 53-WALL STREET REFORM AND CONSUMER PROTECTION > SUBCHAPTER III-TRANSFER OF POWERS TO THE COMPTROLLER OF THE CURRENCY, THE CORPORATION, AND THE BOARD OF GOVERNORS > Part A-Transfer of Powers and Duties**

