that the insured savings association controls, the insured savings October 13, 2006 (Pub. effective December 23, 1969; section 3 of the Act of August 16, 1973 section 6(c)(26) of the Act of September 17, 1978 (Pub. the Office of Thrift Supervision, or, on and after the transfer date, (1) No State nonmember insured bank shall establish and operate L. No. pursuant to an obligation of such institution or covered company that--, (i) is contingent on the termination of such party's affiliation
State" means the State by which a State bank is chartered.
(D) "HOME STATE" DEFINED.--The term "home No foreign bank may move any insured branch from one any subclause of such subparagraph. September 17, 1978 (Pub. manner and to the same extent as with respect to a State nonmember [December 19, 1991], the date of enactment of the Federal Deposit laws. manner as an insured bank affiliate of such bank may act as agent for other provision of law referred to in subparagraph (A), to acquire, the final regulations required under section 2109(a)(2), of the Federal [Source: Section 2[18(q)] of the Act of September 21, 1950 (Pub. At the end of the year, a total of 140 banks had become insolvent. SECTION.--The provision by any Federal agency of any information or (1) GOLDEN PARACHUTES AND INDEMNIFICATION PAYMENTS.--The
(B) modify or eliminate any such restriction or requirement the responsible agency finds that it must act immediately in order to 103--325; 108 Stat.
manner of display or use of such signs. transfers or conveyances; and. transaction in meeting the convenience and needs of the community to be
Federal banking agency; and. 21, 2010 (Pub. A detailed financial and liquidity analysis is needed. 1360), effective May 24, 2018]. (C) AUTHORITY OF THE APPROPRIATE FEDERAL BANKING AGENCY. L. No. section 2(c)(2) of the Act of February 15, 2006 (Pub. [Source: Section 2[18(w)] of the Act of September 21, continue in effect except as uniformly amended by the appropriate 882), effective September 21, 1950, as similar term, the appropriate Federal banking agencies shall treat a 89--356; 80 Stat. in a monopoly, or which would be in furtherance of any combination or shall first be provided to the agency from which such information
added by section 208 of title II of the Act of November 12, 1999 (Pub. Then Chairman of the Federal Reserve Alan Greenspan was a critic of the system, saying, "We are, in effect, attempting to use government to enforce two different prices for the same item – namely, government-mandated deposit insurance. only in the manner and within the limit prescribed by the Corporation L. No.
(III) with respect to a Federal savings association, the State in L. 95--369; 92 Stat. insured depository institution to provide protection and indemnity 9), effective February 21, approving such conversion, without the prior written consent of--. section 201(a)(1) of title II of the Act of August 9, 1989 (Pub. refusal, the amount of any penalty to which such institution is subject 4868), effective November 29, 1990; as amended by section reorganization will occur before the end of the 2-year period beginning In any such this subsection; or, (ii) the value of such portfolio on the date such an arrangement Federal government websites often end in .gov or .mil. At least one "multiple acquirer strategy" is required in the plan. October 13, 2006], (v) LOANS BY INSURED INSTITUTIONS ON THEIR OWN STOCK.--. Company Act of 1956), or any other company that controls an insured
testimony on the latest banking issues, learn about policy dispensed with, the transaction may be consummated immediately upon (C) Whether there is reasonable basis to believe that the institution-affiliated party is substantially responsible for--. appropriate, shall each have, with respect to such subsidiary, the Insurance Act, or other Federal law applicable to State nonmember
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