A bill to authorize any bank holding company to acquire control of banks and any national bank to establish branches throughout the standard metropolitan statistical area in which such bank holding company or national bank is located.

Summary

Authorizes a national bank to establish branches throughout the standard metropolitan statistical area (SMSA) in which it is located, including other States. Amends the Bank Holding Company Act of 1956 to permit a bank holding company to acquire banks throughout the SMSA in which its operations were conducted as of July 1, 1956, or the date it became a bank holding company, whichever is later, including a SMSA in other States.

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Documents

1 official file

• Introduced in House

  summary · EN · 9 July 1981

  Open at official source

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