3 edition of The Competitive Equality Banking Act of 1987 (P.L. 100-86) found in the catalog.
The Competitive Equality Banking Act of 1987 (P.L. 100-86)
Published
1987
by Library of Congress, Congressional Research Service, Major Issues System in [Washington, D.C.]
.
Written in English
Edition Notes
| Statement | by Walter W. Eubanks ... [et al.] |
| Series | CRS issue brief -- order code IB87187, Issue brief (Library of Congress. Major Issues System) -- no. IB87187, Major studies and issue briefs of the Congressional Research Service -- 1987-88, reel 2, fr. 00562 |
| Contributions | Library of Congress. Major Issues System |
| The Physical Object | |
|---|---|
| Format | Microform |
| Pagination | 9 p. |
| ID Numbers | |
| Open Library | OL15455679M |
Aug I am today signing H.R. 27, the Competitive Equality Banking Act of , which recapitalizes the Federal Savings and Loan Insurance Corporation (FSLIC) and makes a number of other changes in the Federal regulation of banking. THE COMPETITIVE EQUALITY BANKING ACT OF AN ANALYSIS AND CRITICAL COMMENTARY Stephen K. Huber* The author analyzes the impact of the Competitive Equality Banking Act of on such topics as expe- dited funds availability, interstate and interindustry acquisition of banks and thrifts, nonbanking activities, antitying provisions of the Bank Holding Company Act.
Competitive Equality in Banking Act of Toward the end of , the growing losses in the savings and loan industry were bankrupting the insurance fund of the FSLIC. The Reagan administration sought $15 billion in funds for the FSLIC, a completely inadequate sum considering that many times this amount was needed to close down insolvent S&Ls. The legislation passed by Congress, the. Section (c) of title XII of the Competitive Equality Banking Act of , Public Law , Stat. , incorporates by reference administrative enforcement and civil liability provisions of sections and of the Truth in Lending Act.
Competitive Equality Banking Act (CEBA): Federal legislation passed in preventing commercial banks from creating nonbanking institutions, selling new insurance, real estate, and securities underwriting services. It also expanded FDIC responsibilities. Competitive Equality Banking Act of established new standards for the availability of expedited funds and further expanded FDIC authority. Financial Institutions Reform, Recovery, and Enforcement Act of set forth a number of reforms and revisions, designed .
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Shown Here: Conference report filed in House (07/31/) (Conference report filed in House, H. Rept. ) Competitive Equality Banking Act of - Title I: Financial Institutions Competitive Equality - Competitive Equality Amendments of - Amends the Bank Holding Company Act of (BHCA) to redefine the term "bank" for the purposes of such Act to include any institution which.
H.R. 27 ( th): Competitive Equality Banking Act of Legislation not enacted by the end of a Congress is cleared from the books. How to cite this information. We recommend the following MLA-formatted citation when using the information you see here in academic work: “H.R.
27 — th Congress: Competitive Equality Banking Act of. STAT. PUBLIC LAW —AUG. 10, "(f) CERTAIN COMPANIES NOT TREATED AS BANK HOLDING COMPANIES.— "(1) I N GENERAL.—Except as provided in paragraph (9), any company which— "(A) on March 5,controlled an institution which became a bank as a result of the enactment of the Competi- A} tive Equality Amendments of ; and.
rows History books, newspapers, and other sources use the popular name to refer to these. Shown Here: Passed Senate amended (03/27/) (Measure passed Senate, amended, roll call #44 ()) Competitive Equality Banking Act of - Title I: Financial Institutions Competitive Equality - Amends the Bank Holding Company Act of to revise the definition of "bank" to include any bank whose deposits are insured by the Federal Deposit Insurance Corporation (FDIC) and any.
The item Competitive Equality Banking Act of conference report (to accompany H.R. 27) represents a specific, individual, material embodiment of a distinct intellectual or artistic creation found in Indiana State Library.
Competitive Equality Banking Act of [microform]: conference report (to accompany H.R. 27) U.S. G.P.O [Washington, D.C. Wikipedia Citation Please see Wikipedia's template documentation for further citation fields that may be required. (a) Introduction. Effective Augthe Competitive Equality Banking Act of (“CEBA”) redefined the term “bank” in the Bank Holding Company Act (“BHC Act” or “Act”) to include any bank the deposits of which are insured by the Federal Deposit Insurance Corporation as well as any other institution that accepts demand or checkable deposit accounts and is engaged in.
Competitive Equality Banking Act ofalso known as An Act to Regulate Nonbank Banks, Impose a Moratorium on Certain Securities and Insurance Activities by Banks, Recapitalize the Federal Savings and Loan Insurance Corporation, Allow Emergency Interstate Bank Acquisitions, Streamline Credit Union Operations, Regulate Consumer Checkholds, and for Other Purposes; Public Lawth.
According to the text, the Competitive Equality in Banking Act of (a) turned the thrift industry around by providing the necessary funds to close the “zombie S&Ls.” (b) lowered the cost of bailing out the S&Ls by quickly closing “zombie S&Ls” before they could cause other thrifts to fail.
(c) failed to provide the funds necessary to close ailing S&Ls, and actually encouraged. Statement on Signing Competitive Equality Banking Act of Aug I am today signing H.R.
27, the Competitive Equality Banking Act ofwhich recapitalizes the Federal Savings and Loan Insurance Corporation (FSLIC) and makes a number of other changes in the Federal regulation of banking. Get this from a library. The Competitive Equality Banking Act of (H.R. 27). [United States.; United States League of Savings Institutions.; United States.
Congress. House.]. 7) The major provisions of the Competitive Equality Banking Act of include A) expanding the responsibilities of the FDIC, which is now the sole administrator of the federal deposit insurance system. B) the establishment of the Resolution Trust Corporation to manage and resolve insolvent thrifts placed in conservatorship or receivership.
Competitive Equality Banking Act of by United States. Congress. Senate. Committee on Banking, Housing, and Urban Affairs.,U.S. G.P.O. edition, in EnglishPages: August, Competitive Equality Banking Act of enacted.
The Act authorizes $ billion recapitalization of the FSLIC with only $ billion authorized in any month period. Also contains forbearance measures designed to postpone or prevent S&L closures.
The Federal Credit Union Act is an Act of Congress enacted in The purpose of the law was to make credit available and promote thrift through a national system of nonprofit, cooperative credit unions.
This Act established the federal credit union system and created the Bureau of Federal Credit Unions, the predecessor to the National Credit Union Administration, to charter and oversee. Get this from a library. Competitive Equality Banking Act of conference report (to accompany H.R.
27). [United States. Congress House.]. The Bank Holding Company Act of (12 U.S.C. §et seq.) is a United States Act of Congress that regulates the actions of bank holding companies. The original law (subsequently amended), specified that the Federal Reserve Board of Governors must approve the establishment of a bank holding company and that bank holding companies headquartered in one state are banned from acquiring a.
Section (c) of title XII of the Competitive Equality Banking Act ofPub.Stat.incorporates by reference administrative enforcement and civil liability provisions of sections and of the Truth in Lending Act. INTERNATIONAL BANKING ACT OF in order to ensure competitive equality of Federal branches and agencies with State branches and agencies and domestic banks in those States.
; section of title II of the Act of Aug (Pub. ; Stat. ), effective Aug ; section of title II of the Act of. Start studying Commercial Banking Legislation. Learn vocabulary, terms, and more with flashcards, games, and other study tools.
Competitive Equality in Banking Act (CEBA) of •Included the Foreign Bank Supervision Enhancement Act (FBSEA), which strengthened the Fed's authority to supervise foreign banks.Effective Augthe Competitive Equality Banking Act of (“CEBA”) redefined the term “bank” in the Bank Holding Company Act (“BHC Act” or “Act”) to include any bank the deposits of which are insured by the Federal Deposit Insurance Corporation as well as any other institution that accepts demand or checkable.The imposition by the Competitive Equality Banking Act of (CEBA) of a 1-year time limit on the negotiability of Treasury checks means that an individual who holds a Treasury check beyond the 1-year period must submit a claim within 6 years of the accrual of .
