### Question
How does the law define limited-life regulated entity?


### Answer
Under *12 U.S.C. § 4502*, **limited-life regulated entity** is defined as:

> an entity established by the Agency under section 4617(i) of this title with respect to a Federal Home Loan Bank in default or in danger of default or with respect to an enterprise in default or in danger of default

#### Citation:
  - *12 U.S.C. § 4502*
  - Heading: **CHAPTER 46-GOVERNMENT SPONSORED ENTERPRISES**

