Resolution Trust Corporation Accountability and Efficiency Act of 1992

[AI summary unavailable — showing source text] Resolution Trust Corporation Accountability and Efficiency Act of 1992 - Title I: Improvement of the Resolution Trust Corporation - Amends the Federal Home Loan Bank Act to require the Resolution Trust Corporation (RTC) to: (1) develop a profit participation plan under which it shall propose methods to increase Federal profit participation in RTC disposition of commercial real estate; and (2) report to specified congressional committees regarding such plan. Prescribes plan contents. Directs the Oversight Board to contract with an independent certified public accountant to perform an annual audit of the RTC's financial statement. Prohibits the RTC from protecting: (1) depositors for more than the insured portion of their deposits; or (2) creditors other than depositors. Directs the RTC to implement procedures which: (1) minimize the costs of procuring legal, accounting, and investment banking services; (2) provide sufficient geographic distribution of firms providing those services; and (3) assure that RTC real estate assets shall be managed and disposed of through the nearest RTC office. Requires the Comptroller General to study and report to the Congress on the feasibility of priv…