Depositor Protection and Abuse Prevention Act of 1990

Summary

Depositor Protection and Abuse Prevention Act of 1990 - Amends the Federal Deposit Insurance Act to prohibit an insured depository institution from marketing any interests in its affiliates in any office space which is commonly accessible to the general public for the purpose of accepting deposits. Grants a Federal banking agency regulatory authority either to prohibit such sales or to impose conditions upon them if the agency determines that any stock or bond of the institution is likely to be confused by the general public with an insured deposit.

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Timeline

1. 1 February 1990

   Introduced

   Read twice and referred to the Committee on Banking.

   Source: IntroReferral

2. 1 February 1990

   Introduced

   Introduced in Senate

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

• Introduced in Senate · — · Download file

Documents

2 official files

• Introduced in Senate (text)

  Introduced in Senate · EN

  ViewDownloadOpen at official source

• Introduced in Senate

  summary · EN · 1 February 1990

  Open at official source

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Sponsors

• Sen. Bryan, Richard H. [D-NV] · D · Sponsor
• Sen. Riegle, Donald W., Jr. [D-MI] · D · Sponsor
• Sen. Garn, E. J. (Jake) [R-UT] · R · Sponsor
• Sen. Dodd, Christopher J. [D-CT] · D · Sponsor
• Sen. Heinz, John [R-PA] · R · Sponsor
• Sen. Cranston, Alan [D-CA] · D · Sponsor
• Sen. Shelby, Richard C. [R-AL] · D · Sponsor
• Sen. Kassebaum, Nancy Landon [R-KS] · R · Sponsor
• Sen. Kerry, John F. [D-MA] · D · Sponsor
• Sen. D'Amato, Alfonse [R-NY] · R · Sponsor
• Sen. Wirth, Timothy [D-CO] · D · Sponsor
• Sen. Bond, Christopher S. [R-MO] · R · Sponsor
• Sen. McCain, John [R-AZ] · R · Cosponsor
• Sen. DeConcini, Dennis [D-AZ] · D · Cosponsor
• · ssbk00 · Standing

Related records

• related to → Depositor Protection and Abuse Prevention Act of 1989