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United States · Bill · S

S. 1824 (99th)

A bill to amend section 13(e)(3) of the Federal Deposit Insurance Act.

referredUnited States· United States Congress· EN

Introduced

4 November 1985

Last action

Status

Read twice and referred to the Committee on Banking.

Sponsors

Subjects

Discovery layer

Source updated

14 January 2025

Summary

Amends the Federal Deposit Insurance Act to modify one of four conditions in order to provide that an agreement between a borrower and a bank shall be valid in diminishing or defeating the right, title, or interest of the Federal Deposit Insurance Corporation in any acquired bank asset if no disapproval of such agreement is reflected in the minutes of the bank's board of directors or loan committee. (Currently such agreement is not valid if no approval of such agreement is reflected in the minutes.)

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Versions

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Documents

1 official file

Sponsors

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Sources

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