Pub. L. 102-242, tit. IV, subtit. G, sec. 440

PRUDENT DIVERSIFICATION OF ASSETS.

EnactedYear: 1991Length: 70 wordsOfficial source
SEC. 440. PRUDENT DIVERSIFICATION OF ASSETS. (a) In General.— Section 10(m)(4)(C)(iii)(VI) of the Home Owners’ Loan Act (12 U.S.C. 1467a(m)(4)(C)(iii)(VI)) (as in effect on July 1, 1991) is amended by striking “5 percent” and inserting “10 percent”. (b) Technical and Conforming Amendment.— Section 10(m)(4)(C)(iv) of the Home Owners’ Loan Act (12 U.S.C. 1467a(m)(4)(C)(iv)) (as in effect on July 1, 1991) is amended by striking “15 percent” and inserting “20 percent”.
Pub. L. 102-242, tit. IV, subtit. G, sec. 440: PRUDENT DIVERSIFICATION OF ASSETS. | Justis AI