HR 2366 · 100th Congress · Finance and Financial Sector
A bill to require the Federal Deposit Insurance Corporation to pay interest on certain certificates issued by the Golden Pacific National Bank of New York, New York, which have been determined to be insured deposits in any judicial action or agency proceeding.
Bill Progress
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Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to Subcommittee on Financial Institutions Supervision, Regulation and Insurance.(1987-05-15)
Plain Language Summary
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Requires the Federal Deposit Insurance Corporation to pay interest on certain certificates issued by the Golden Pacific National Bank of New York, New York, before it was declared insolvent which have been determine to be insured deposits (as defined by the Federal Deposit Insurance Act) in any judicial action or agency proceeding. Sets forth the method of computing the interest to be paid with respect to such certificates.…
Summarized by Claude AI · Non-partisan · For informational purposes only