United States · Amendment · SAMDT

SAMDT 2802 (100th)

To express the sense of the Congress that it should and hereby does affirm that all promissory notes issued by the Federal Savings and Loan Insurance Corporation are backed by the full faith and credit of the United States; and that the Federal Home Loan Bank Board should immediately adopt and enforce a program for prohibiting any new loans or investments on the part of the insolvent institutions (as measured by generally accepted accounting principles) whose deposits are insured by the Federal Savings and Loan Insurance Corporation.