Pub. L. 101-73, tit. VIII, sec. 801

DEFINITIONS.

EnactedYear: 1989Length: 102 wordsOfficial source
SEC. 801. DEFINITIONS. Section 202 of the Bank Conservation Act (12 U.S.C. 202) is amended— (1) by inserting after “national banking association” the following: “or any other financial institution chartered or licensed under Federal law and subject to the supervision of the Comptroller of the Currency”; and (2) by inserting before “and the term ‘State’” the following: “the term ‘voluntary dissolution and liquidation’ means a transaction pursuant to section 5220 of the Revised Statutes that involves the assumption of the bank’s insured deposit liabilities 103 STAT. 442and the sale of the bank, or of control of the bank, as a going concern;”.
Pub. L. 101-73, tit. VIII, sec. 801: DEFINITIONS. | Justis AI