An amendment to provide that in regards to merging of savings and loans because of severe financial conditions which threaten the stability of a significant number of insured institutions, the state savings and loan supervisor of the state in which the institution in question is chartered is to be given a minimum of 24 hours to lodge an objection to the merger. If and objection is lodged the merger may take place only by unanimous vote of the Federal Home Loan Bank Board.

passedUnited States· United States Congress· EN

Introduced

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Last action

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Status

Amendment Passed in Committee of the Whole by Voice Vote.

Records

Official amendment HAMDT 382 (97th) from United States at United States Congress. Status: Amendment Passed in Committee of the Whole by Voice Vote..

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