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Sunday, August 2, 2020 | History

2 edition of To amend the Bank holding company act [of 1956] found in the catalog.

To amend the Bank holding company act [of 1956]

United States. Congress. House. Committee on Banking and Currency

To amend the Bank holding company act [of 1956]

Hearings Eighty-ninth Congress, first session, on H. R. 7371. May 27; June 14 and 15, 1965

by United States. Congress. House. Committee on Banking and Currency

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Published by U.S. Government Printing Office in Washngton .
Written in English

    Subjects:
  • Bank holding companies -- United States

  • Edition Notes

    Other titlesBank holding company act of 1956
    The Physical Object
    Paginationiv, 163 p. :
    Number of Pages163
    ID Numbers
    Open LibraryOL15261002M
    LC Control Number65062008

      An Act to Amend the Bank Holding Company Act of , Pub. L. No. , 80 Stat. (July 1, ). 17 An Act to Amend the Bank Holding Company Act of , Pub. L. No. , 84 Stat. , (Decem ). HOLA, originally enacted in , contains substantially similar language for its definition of control. Within one hundred and eighty days after May 9, , or within one hundred and eighty days after becoming a bank holding company, whichever is later, each bank holding company shall register with the Board on forms prescribed by the Board, which shall include such information with respect to the financial condition and operations, management, and intercompany relationships of the bank holding.

    Section was enacted as part of the Bank Holding Company Act Amendments of , and not as part of the Bank Holding Company Act of which comprises this chapter. Amendments — Pub. L. – struck out “, to engage directly or indirectly in a nonbanking activity pursuant to section of this title,” after “ section of. To amend the Bank Holding Company Act of to require agencies to make considerations relating to the promotion of efficiency, competition, and capital formation before issuing or modifying certain regulations. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1.

    [Table of Contents] [Previous Page] - Bank Holding Company Act § Acquisition of assets. (a) From time to time questions have arisen as to whether and under what circumstances a bank holding company engaged in nonbank activities, directly or indirectly through a subsidiary, pursuant to section 4(c)(8) of the Bank Holding Company Act of , as amended (12 U.S.C. (c)(8)), may. This report is required under Regulation Y and the Bank Holding Company Act of as amended. The Dodd-Frank Wall Street Reform and Consumer Protection Act (the Dodd-Frank Act) was enacted into law on J


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To amend the Bank holding company act [of 1956] by United States. Congress. House. Committee on Banking and Currency Download PDF EPUB FB2

H.R. ( th): To amend the Bank Holding Company Act of to require the Board of Governors of the Federal Reserve System to take prompt corrective action to resolve problems of bank holding companies. H.R. (95 th): A bill to amend the Bank Holding Company Act of to prohibit bank holding companies and their subsidiaries from selling property and casualty insurance as principals, agents, or brokers.

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 Enacted by: the 84th United States Congress.

H.R. ( th): To amend the Bank Holding Company Act of to require agencies to make considerations relating to the promotion of efficiency, competition, and capital formation before issuing or modifying certain regulations.

20 rows  Bank Holding Company Act of ; History books, newspapers, and other sources. Bank Holding Company Act ofas amended (BHC Act) Related Content The federal statute regulating the acquisition, ownership and control of banks by companies (12 U.S.C.

§§ ). Get this from a library. Amendments to the Bank Holding Company Act of Lists of Bank Holding Companies and of Organizations that would Apparently be Covered by the Amendments to the Bank Holding Company Act Incorporated in S.

[United States. Congress. Senate. Committee on Banking and Currency.]. Bank Holding Company Act ofalso known as An Act to Define Bank Holding Companies, Control Their Future Expansion, and Require Divestment of Their Nonbanking Interests; Public Law84th Congress, H.R.

by United States. Congress. H.R. To amend the Bank Holding Company Act of to place certain limitations on commodity ownership and to repeal the merchant banking authority, and for other purposes. Bank Holding Company Act of Bank Holding Company Act of 12 U.S.C.

§ US Code – Section Definitions. This description of the this Act tracks the language of the U.S. Code, except that, sometimes, we use plain English and that we may refer to the “Act” (meaning this Act) rather than to the “subchapter” or the “title” of the United States Code. H.R. ( th): To amend the Bank Holding Company Act of to require agencies to make considerations relating to the promotion of efficiency, competition, and capital formation before issuing or modifying certain regulations.

Get this from a library. Amend the Bank Holding Company Act of hearings before a subcommittee of the Committee on Banking and Currency, United States Senate.

Get this from a library. Amend the Bank holding company act of hearings before a subcommittee of the Committee on Banking and Currency, United States Senate, eighty-ninth congress, Second session on S.S.and H.R.bills to amend the Bank Holding Company Act of [United States.

Congress. Senate. Committee on Banking and Currency.]. Get this from a library. Amendments to the Bank Holding Company Act of lists of bank holding companies and of organizations that would apparently be covered by the amendments to the Bank holding company act incorporated in S.Committee on Banking and Currency, United States Senate, February [United States.

Congress. Senate. Summary of H.R - th Congress (): To amend the Bank Holding Company Act of to place certain limitations on commodity ownership and to repeal the merchant banking authority, and for other purposes. A multibank holding company owns or controls two or more banks, and these are governed by the Bank Holding Company Act of and its amendments.

H.R.a bill to amend the Bank Holding Company Act of to require agencies to make considerations relating to the promotion of efficiency, competition, and capital formation before issuing or modifying certain regulations. Get this from a library. Bank holding company act amendments: Hearings before the Committee on Banking and Currency, House of Representatives, Ninety-first Congress, first session, on H.R.

a bill to amend the bank holding company act ofand for other purposes. [United States. Congress. House. Committee on Banking and Currency,; United States. AN ACT To amend the Bank Holding Company ofand for other purposes. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, That this Act may be cited as the "Bank Holding Company Act Amendments of ".

CEBA amended section 4 of the BHC Act to permit a company that on March 5,controlled a nonbank bank (an institution that became a bank as a result of enactment of CEBA) and that was not a bank holding company on August 9,to retain its nonbank bank and not be treated as a bank holding company for purposes of the BHC Act if the.

No bank and no company owning or controlling voting shares of a bank is a bank holding company by virtue of its ownership or control of shares in a fiduciary capacity, except as provided in paragraphs (2) and (3) of subsection (g) of this section.

For the purpose of the preceding sentence, bank shares shall not be deemed to have been acquired in a fiduciary capacity if the acquiring bank .The Bank Holding Company Act is amended by adding the following new sections: “SEC treated as a bank holding company for purposes of this Act and that serves, instruments for the institution’s or company’s own trading book, and not on behalf of a.A company that controls an institution described in subparagraph (D), or (H) of section (c)(2) of this title and any of such company's other affiliates, shall be subject to the tying restrictions of section of the Bank Holding Company Act Amendments of [12 U.S.C.A.

§ et seq.] in connection with any transaction involving.