STANDARDS FOR INTERSTATE ACQUISITIONS.

SEC. 607. STANDARDS FOR INTERSTATE ACQUISITIONS.(a) Acquisition of Banks.—Section 3(d)(1)(A) of the Bank Holding Company Act of 1956 (12 U.S.C. 1842(d)(1)(A)) is amended by striking “adequately capitalized and adequately managed” and inserting “well capitalized and well managed”.124 STAT. 1608(b) Interstate Bank Mergers.—Section 44(b)(4)(B) of the Federal Deposit Insurance Act (12 U.S.C. 1831u(b)(4)(B)) is amended by striking “will continue to be adequately capitalized and adequately managed” and inserting “will be well capitalized and well managed”.(c) Effective Date.—The amendments made by this section shall take effect on the transfer date.