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

Summary

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

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1 official file

• Introduced in House

  summary · EN · 9 July 1981

  Open at official source

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