### Question
How is the "transition period" defined?


### Answer
The term **transition period** is defined in *12 U.S.C. § 4703* as follows -

> the period beginning on September 23, 1994, and ending on the date on which the Administrator is appointed

#### Citation:
  - *12 U.S.C. § 4703*
  - Heading: **CHAPTER 47-COMMUNITY DEVELOPMENT BANKING > SUBCHAPTER I-COMMUNITY DEVELOPMENT BANKING AND FINANCIAL INSTITUTIONS**

