supervisory authority of the board of governors of the federal reserve system over bank holding companies and their nonbanking subsidiaries

supervisory authority of the board of governors of the federal reserve system over bank holding companies and their nonbanking subsidiaries Sec. 110. Subsection (b) of section 8 of the Federal Deposit Insurance Act, as amended (12 U.S.C. 1818(b)), is amended by adding at the end thereof the following new paragraph: “(3) This subsection and subsections (c), (d), (h), (i), (k), (l), (m), and (n) of this section shall apply to any bank holding company, and to any subsidiary (other than a bank) of a holding company, as those terms are defined in the Bank Holding Company Act of 1956, in the same manner as they apply to a State member insured bank.”