A bill to amend title IV of the National Housing Act to require an affirmative vote of the shareholders of an insured institution owning at least two-thirds of its voting stock or voting power before the Federal Home Loan Bank Board may approve the acquisition of control of the insured institution by any savings and loan holding company or any other company.

referredUnited States· United States Congress· EN

Introduced

4 August 1977

Last action

—

Status

Referred to House Committee on Banking, Finance and Urban Affairs.

Summary

Amends the National Housing Act to require an affirmative vote of the shareholders of an insured institution owning at least two-thirds of its voting stock or voting power before the Federal Home Loan Bank Board may approve the acquisition of control of such institution by any savings and loan holding company or any other company.

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Documents

1 official file

Introduced in House
summary · EN · 4 August 1977
Open at official source

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Sources

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Official source: https://www.congress.gov/bill/95th-congress/house-bill/8792
Open data entity: https://api.congress.gov/v3/bill/95/hr/8792