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United States · Bill · HR

H.R. 2501 (100th)

Depositor Protection Act of 1987

referredUnited States· United States Congress· EN

Introduced

21 May 1987

Last action

26 May 1987 · Referred

Status

Referred to Subcommittee on Monopolies and Commercial Law.

Sponsors

Sen. Inhofe, James M. [R-OK], Rep. Frank, Barney [D-MA-4], Sen. Markey, Edward J. [D-MA], Rep. Synar, Mike [D-OK-2], Rep. Watkins, Wes [R-OK-3], Rep. Edwards, Mickey [R-OK-5], Rep. Daub, Hal [R-NE-2], Rep. Foglietta, Thomas M. [D-PA-1], Rep. Yatron, Gus [D-PA-6], Rep. Owens, Wayne [D-UT-2], Rep. Duncan, John J. [R-TN-2], Rep. Chandler, Rod D. [R-WA-8], Rep. English, Glenn [D-OK-6], Rep. McCurdy, Dave [D-OK-4], Rep. Davis, Jack [R-IL-4], Rep. Ballenger, Cass [R-NC-10], Rep. Lightfoot, Jim [R-IA-3], Rep. Hyde, Henry J. [R-IL-6], Rep. Hastert, J. Dennis [R-IL-14], Rep. Baker, Richard H. [R-LA-6], Sen. Gregg, Judd [R-NH], Rep. Gallegly, Elton [R-CA-24], Rep. Smith, Lamar [R-TX-21], Rep. Lukens, Donald E. [R-OH-8], Rep. Saiki, Patricia [R-HI-1], Rep. Coble, Howard [R-NC-6], Rep. Buechner, Jack [R-MO-2], Rep. Ravenel, Arthur, Jr. [R-SC-1], Rep. Herger, Wally [R-CA-2], Rep. Weldon, Curt [R-PA-7], Rep. Holloway, Clyde [R-LA-8], Rep. Hoyer, Steny H. [D-MD-5], Rep. Thomas, William M. [R-CA-21], Rep. Dannemeyer, William E. [R-CA-39], Rep. Bartlett, Steve [R-TX-3], Sen. Craig, Larry E. [R-ID], Rep. Horton, Frank J. [R-NY-29], Rep. Upton, Fred [R-MI-6], Rep. Houghton, Amo [R-NY-31], Rep. LaFalce, John J. [D-NY-29], Rep. Ridge, Thomas J. [R-PA-21], Del. Fauntroy, Walter E. [D-DC-At Large], Rep. Armey, Richard K. [R-TX-26], Rep. Barnard, Doug, Jr. [D-GA-10], Rep. Eckart, Dennis E. [D-OH-11], Rep. Evans, Lane [D-IL-17], Rep. Florio, James J. [D-NJ-1], Rep. Fawell, Harris W. [R-IL-13]

Subjects

Discovery layer

Source updated

28 August 2025

Official sourceView documentsShare

Summary

Depositor Protection Act of 1987 - Prohibits a bankruptcy trustee from avoiding as a preferential transfer certain withdrawal transactions made by depositors or investors from accounts with certain financial institutions which issue savings obligations or accept deposits in the ordinary course of business. Applies such prohibition to bankruptcy cases filed on or after March 9, 1983.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

  1. 21 May 1987

    Introduced

    Referred to House Committee on The Judiciary.

    Source: IntroReferral

  2. 21 May 1987

    Introduced

    Introduced in House

    Source: IntroReferral

  3. 21 May 1987

    Introduced

    Introduced in House

    Source: IntroReferral

  4. 26 May 1987

    Referred

    Referred to Subcommittee on Monopolies and Commercial Law.

    Source: Committee

Votes

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Versions

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Documents

1 official file

Leesvertaling

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Sponsors

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Related records

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Sources

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