Financial Institutions Restructuring and Services Act of 1981: hearing before the Committee on Banking, Housing, and Urban Affairs, United States Senate, Ninety-seventh Congress, first session, on S. 1686 ... S. 1703 ... S. 1720 ... S. 1721 ....U.S. Government Printing Office, 1981 |
From inside the book
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Page 34
... board , rather than trying to exercise our wisdom on what is the best way to allocate credit ? Secretary REGAN . I would agree with you , Senator , I would much rather let the marketplace do it and do it through the Tax Code for ...
... board , rather than trying to exercise our wisdom on what is the best way to allocate credit ? Secretary REGAN . I would agree with you , Senator , I would much rather let the marketplace do it and do it through the Tax Code for ...
Page 51
... Board , yet will allow dramatic changes in financial institutions to take place much more quickly than otherwise would be possible . I see that movement over in the House of Representatives , and I am concerned about it in Congress ...
... Board , yet will allow dramatic changes in financial institutions to take place much more quickly than otherwise would be possible . I see that movement over in the House of Representatives , and I am concerned about it in Congress ...
Page 57
... Board is authorized , 4 under such rules and regulations as it may prescribe , to pro- 5 vide for the organization , incorporation , examination , oper- 6 ation , and regulation of associations to be known as Federal 7 Savings and Loan ...
... Board is authorized , 4 under such rules and regulations as it may prescribe , to pro- 5 vide for the organization , incorporation , examination , oper- 6 ation , and regulation of associations to be known as Federal 7 Savings and Loan ...
Page 58
... Board in the case of savings accounts for fixed 4 or minimum terms of not less than fourteen days , the pay- 5 ment of any savings account shall be subject to the right of 6 the association to require such advance notice , not less than ...
... Board in the case of savings accounts for fixed 4 or minimum terms of not less than fourteen days , the pay- 5 ment of any savings account shall be subject to the right of 6 the association to require such advance notice , not less than ...
Page 59
... Board . 3 " ( 2 ) To such extent as the Board may authorize by reg- 4 ulation or advise in writing , an association may borrow , may 5 give security , may be surety as defined by the Board and 6 may issue such notes , bonds , debentures ...
... Board . 3 " ( 2 ) To such extent as the Board may authorize by reg- 4 ulation or advise in writing , an association may borrow , may 5 give security , may be surety as defined by the Board and 6 may issue such notes , bonds , debentures ...
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Common terms and phrases
accounts affiliate agencies amended by striking amended to read assets authority bank holding company Bankers bill billion capital ceilings Chairman chartered commercial banks Committee competitive Comptroller Congress consumer Credit Union Deposit Insurance Act depository institutions deregulation DIDC due-on-sale FDIC Federal association Federal Deposit Insurance Federal Home Loan Federal Reserve Federal Reserve Act FHLMC financial system Glass-Steagall Act going Home Loan Bank Home Owners inserting financial institution insured institution interest rates Investment Company Investment Company Institute issue legislation lenders lending liabilities lieu thereof loan associations Loan Bank Board member bank mergers money market funds mortgage mutual funds national bank National Housing Act paragraph passbook percent powers problems proposed read as follows real estate regulation regulatory requirements restrictions savings and loan Secretary REGAN Section securities activities Senator CHAFEE Senator PROXMIRE Senator SCHMITT striking out bank subparagraph subsection subsidiary thrift industry thrift institutions tion transaction Treasury underwriting
Popular passages
Page 736 - Investment adviser" means any person who, for compensation, engages in the business of advising others, either directly or through publications or writings, as to the value of securities or as to the advisability of investing in, purchasing, or selling securities, or who, for compensation and as part of a regular business, issues or promulgates analyses or reports concerning securities...
Page 347 - That the several district courts of the United States are hereby invested with jurisdiction to prevent and restrain violations of this Act, and it shall be the duty of the several district attorneys of the United States, in their respective districts, under the direction of the Attorney General, to institute proceedings in equity to prevent and restrain such violations.
Page 342 - Act, to be so closely related to banking as to be a proper incident thereto (subject to such terms and conditions contained in such regulation or order, unless modified by the Board);".
Page 348 - That in civil cases no writ of subpoena shall issue for witnesses living out of the district in which the court is held at a greater distance than one hundred miles from the place of holding the same without the permission of the trial court being first had upon proper application and cause shown.
Page 788 - common trust fund" means a fund maintained by a bank (as defined in section 104) — (1) exclusively for the collective investment and reinvestment of moneys contributed thereto by the bank in its capacity as a trustee, executor, administrator, or guardian...
Page 348 - ... may be pending that the ends of justice require that other parties should be brought before the court, the court may cause them to be summoned, whether they reside in the district in which the court is held or not; and subpoenas to that end may be served in any district by the marshal thereof.
Page 348 - That any person who shall be injured in his business or property by reason of anything forbidden in the antitrust laws may sue therefor in any district court of the United States in the district in which the defendant resides or is found or has an agent, without respect to the amount in controversy, and shall recover threefold the damages by him sustained, and the cost of suit, including a reasonable attorney's fee.
Page 733 - broker" means any person engaged in the business of effecting transactions in securities for the account of others, but does not include a bank. (5) The term "dealer" means any person engaged in the business of buying and selling securities for his own account, through a broker or otherwise, but does not include a bank, or any person insofar as he buys or sells securities for his own account, either individually or in some fiduciary capacity, but not as a part of a regular business.
Page 787 - ... any common trust fund or similar fund maintained by a bank exclusively for the collective investment and reinvestment of moneys contributed thereto by the bank in its capacity as a trustee, executor, administrator, or guardian...
Page 246 - All the major organizations of state and local governments, such as the National Governors Association, National Association of Counties, National League of Cities, US Conference of Mayors, and Municipal Finance Officers Association have endorsed bank underwriting of revenue bonds.