Compilation of Basic Banking Laws Within the Jurisdiction of the Committee on Financial Services: Prepared for the Use of the Committee on Financial Services, U.S. House of Representatives, Volume 4 |
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Page 39
... described in paragraph ( 2 ) ( A ) ; and ( ii ) the amounts of deposits , loans , and other financial assistance described in paragraph ( 2 ) ( B ) ; and ( B ) for any subsequent semiannual period , the sum of- ( i ) any increase during ...
... described in paragraph ( 2 ) ( A ) ; and ( ii ) the amounts of deposits , loans , and other financial assistance described in paragraph ( 2 ) ( B ) ; and ( B ) for any subsequent semiannual period , the sum of- ( i ) any increase during ...
Page 75
... described in paragraph ( 1 ) shall no longer qualify for the exemption provided under that paragraph if— ( A ) such company directly or indirectly- ( i ) acquires control of an additional bank or an in- sured institution ( other than an ...
... described in paragraph ( 1 ) shall no longer qualify for the exemption provided under that paragraph if— ( A ) such company directly or indirectly- ( i ) acquires control of an additional bank or an in- sured institution ( other than an ...
Page 76
... described in paragraph ( 10 ) or ( 12 ) of this sub- section ; ( IX ) shares of a savings association held by any insurance company , as defined in section 2 ( a ) ( 17 ) of the Investment Company Act of 1940 , except as provided in ...
... described in paragraph ( 10 ) or ( 12 ) of this sub- section ; ( IX ) shares of a savings association held by any insurance company , as defined in section 2 ( a ) ( 17 ) of the Investment Company Act of 1940 , except as provided in ...
Page 77
... described in paragraph ( 1 ) fails to qualify for the exemption provided under paragraph ( 1 ) by operation of para- graph ( 2 ) , such exemption shall cease to apply to such company and such company shall divest control of each bank it ...
... described in paragraph ( 1 ) fails to qualify for the exemption provided under paragraph ( 1 ) by operation of para- graph ( 2 ) , such exemption shall cease to apply to such company and such company shall divest control of each bank it ...
Page 78
... described in paragraph ( 1 ) shall , within 60 days after the date of enact- ment of the Competitive Equality Amendments of 1987 , pro- vide the Board with the name and address of such company , the name and address of each bank such ...
... described in paragraph ( 1 ) shall , within 60 days after the date of enact- ment of the Competitive Equality Amendments of 1987 , pro- vide the Board with the name and address of such company , the name and address of each bank such ...
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Common terms and phrases
action affiliate amount annual percentage rate applicable appointed appropriate Federal banking assessment assets Association Insurance Fund authority bank holding company Board of Directors Board of Governors capital clause consumer reporting agency court creditor defined in section Deposit Insurance Act Deposit Insurance Corporation Depositor Protection Oversight determined disclosure electronic fund transfer employee enforcement Federal banking agency Federal credit union Federal Deposit Insurance Federal Home Loan Federal Reserve Act Federal reserve bank Federal Reserve System financial institution foreign bank GENERAL.-The graph Home Loan Bank insured bank insured credit union insured depository institution investment issued liability liquidating agent low-income member bank ment mortgage notice obligations paragraph payment person poration prescribed Protection Oversight Board purchase purposes pursuant regulations Resolution Trust Corporation respect Savings Association Insurance subparagraph subsection subsidiary sumer term Thrift Depositor Protection tion transaction transfer United States Code violation
Popular passages
Page 863 - ... shall be held individually responsible, equally and ratably, and not one for another, for all contracts, debts, and engagements of such association to the extent of the amount of their stock therein at the par value thereof, in addition to the amount invested in such shares...
Page 99 - If any provision of this Act, or the application of such provision to any person or circumstance, shall be held invalid, the remainder of this Act, or the application of such provision to persons or circumstances other than those as to which it is held invalid, shall not be affected thereby.
Page 344 - A creditor may not be held liable in any action brought under this section for a violation of this chapter if the creditor shows by a preponderance of evidence that the violation was not intentional and resulted from a bona fide error notwithstanding the maintenance of procedures reasonably adapted to avoid any such error.
Page 407 - A copy of such petition shall be forthwith transmitted by the clerk of the court to the...
Page 756 - ... income shall be exempt from all taxation now or hereafter imposed by the United States, by any Territory, dependency or possession thereof, or by any State, county, municipality or local taxing authority ; except that any real property of the corporation shall be subject to State, Territorial, county, municipal or local taxation to the same extent, according to its value, as other real property is taxed.
Page 621 - The Secretary of the Treasury, in his discretion, is authorized to purchase any obligations of the Corporation issued hereunder, and for such purpose the Secretary of the Treasury is authorized to use as a public-debt transaction the proceeds from the sale of any securities hereafter issued under the Second Liberty Bond Act, as amended, and the purposes for which securities may be issued under such Act, as amended, are extended to include any purchases of the Corporation's obligations hereunder.
Page 624 - The Corporation, including its franchise, its capital, reserves, and surplus, and its income shall be exempt from all taxation now or hereafter imposed by the United States, by any Territory, dependency, or possession thereof, or by any State, county, municipality, or local taxing authority...
Page 353 - The taking, receiving, reserving or charging a rate of interest greater than is allowed by the preceding section, when knowingly done, shall be deemed a forfeiture of the entire interest which the note, bill or other evidence of debt carries •with it, or which has been agreed to be paid thereon.
Page 19 - No officer or agency of the United States shall have any authority to require the Commission to submit its legislative recommendations, or testimony, or comments on legislation, to any officer or agency of the United States for approval, comments, or review, prior to the submission of such recommendations, testimony, or comments to the Congress...
Page 946 - State thereof, and principally engaged in international or foreign banking, or banking in a dependency or insular possession of the United States either directly or through the agency, ownership, or control of local institutions in foreign countries, or in such dependencies or insular possessions.