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United States · Bill · HR

H.R. 3959 (103rd)

To extend the effectiveness of an exemption from the requirements of the Depository Institution Management Interlocks Act.

referredUnited States· United States Congress· EN

Introduced

3 March 1994

Last action

Status

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

Sponsors

Subjects

Discovery layer

Source updated

6 February 2024

Summary

Amends the Depository Institution Management Interlocks Act to repeal the 15-year expiration date for (and thereby indefinitely extending) the exemption of certain grandfathered management officials from the prohibition against dual service in unaffiliated Federal depository institutions or depository holding companies in specified circumstances.

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Documents

3 official files

Introduced in House (text)

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Sources

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