Depositor Protection and Abuse Prevention Act of 1989

Summary

Depositor Protection and Abuse Prevention Act of 1989 - Amends the Federal Deposit Insurance Act to prohibit an insured depository institution from marketing any interests in its affiliates in any office space which is commonly accessible to the general public for the purpose of accepting deposits. Grants a Federal banking agency regulatory authority either to prohibit such sales or to impose conditions upon them if the agency determines that any stock or bond of the institution is likely to be confused by the general public with an insured deposit.

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Timeline

1. 20 November 1989

   Introduced

   Referred to the House Committee on Banking, Finance + Urban Affrs.

   Source: IntroReferral

2. 20 November 1989

   Introduced

   Introduced in House

   Source: IntroReferral

3. 20 November 1989

   Introduced

   Introduced in House

   Source: IntroReferral

4. 15 December 1989

   Referred

   Referred to the Subcommittee on Financial Institutions Supervision, Regulation and Insurance.

   Source: Committee

Votes

No vote records are attached yet.

Versions

• Introduced in House · — · Download file

Documents

2 official files

• Introduced in House (text)

  Introduced in House · EN

  ViewDownloadOpen at official source

• Introduced in House

  summary · EN · 20 November 1989

  Open at official source

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Sponsors

• Sen. Schumer, Charles E. [D-NY] · D · Sponsor
• Rep. Rangel, Charles B. [D-NY-15] · D · Cosponsor
• Rep. Dellums, Ronald V. [D-CA-9] · D · Cosponsor
• Rep. Kleczka, Gerald D. [D-WI-4] · D · Cosponsor
• Rep. Owens, Major R. [D-NY-11] · D · Cosponsor
• Sen. Boxer, Barbara [D-CA] · D · Cosponsor
• Rep. Stark, Fortney Pete [D-CA-13] · D · Cosponsor
• Rep. Roe, Robert A. [D-NJ-8] · D · Cosponsor
• · hsba00 · Standing

Related records

• related to ← Depositor Protection and Abuse Prevention Act of 1990