Recent Bank Closings: Hearing, Ninety-second Congress, First Session ... March 9, 1971 |
Common terms and phrases
19 banks amount answer April 14 Aransas Pass ARCHER asked assessment asset audit August August 20 authority bank closings Bank Commissioner bank failures bank's board banks as affecting Board of Directors Bonne Terre borrower brokered deposits brokered funds capital cease-and-desist Chairman closed banks COALVILLE Commission on Financial Comptroller CONGRESS THE LIBRARY copy Corporation's D.C. DEAR Deposit Insurance Act Deposit Insurance Corporation discuss Eatontown examination reports FDIC examiner FDIC Regional Director February February 22 Federal Deposit Insurance Federal Reserve System Financial Structure Frank Sharp Gonzalez Hengren indicated individuals_ January January 25 July June legislation letter LIBRARY OF CONGRESS liquidating dividends equals March 9 million National Bank paper percent additional dividend percent expected policies Prairie City Presidential Commission problem banks question record recovery through liquidating request responsibility Savings Bank Section 8(a Sharpstown State Bank ST GERMAIN statement Structure and Regulation supervision Texas tion Total excess transactions violation Washington
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Page 99 - Act of 1926, as amended, or (2) any rule or regulation issued by the Postmaster General under this Act, shall be subject to a civil penalty of not to exceed $1,000 for each such violation.- Any such penalty may be compromised by the Authority or the Postmaster General, as the case may be.
Page 22 - The report shall also show specifically any program, expenditure, or other financial transaction or undertaking observed in the course of the audit, which, in the opinion of the Comptroller General, has been carried on or made without authority of law.
Page 99 - CHANGES IN EXISTING LAW MADE BY THE BILL, As REPORTED In compliance with clause 3 of rule XIII of the Rules of the House of Representatives, changes in existing law made by the bill, as reported, are shown as follows...
Page 81 - States in collecting debts from bankrupt, insolvent, or decedents' estates; to determine the character of and the necessity for its obligations and expenditures, and the manner in which they shall be incurred, allowed, and paid...
Page 97 - Whenever member banks are required to obtain reports from affiliates, or whenever affiliates of member banks are required to submit to examination, the Board of Governors of the Federal Reserve System or the Comptroller of the Currency, as the case may be...
Page 99 - ... (4) (A) Whenever, In the opinion of the Board, any director or officer of an association has committed any violation of law, rule, or regulation, or of a cease-and-desist order which has become final, or has engaged or participated In any unsafe or unsound practice in connection with the...
Page 71 - ... or any other company, body politic or corporate, or any individual person, or to deceive any officer of...
Page 81 - The Board of Directors of the Corporation shall determine and prescribe the manner in which its obligations shall be incurred and its expenses allowed and paid.
Page 22 - ... wholly owned Government corporations by the Government Corporation Control Act, as amended; (2) maintain an integral set of accounts which shall be audited annually by the General Accounting Office in accordance with the principles and procedures applicable to commercial transactions as provided by the Government Corporation Control Act, as amended...
Page 100 - ... could be seriously prejudiced by reason of such violation or practice or breach of fiduciary duty, and that such violation or practice or...