HR 4875 · 100th Congress · Finance and Financial Sector

Insolvent Thrift Institution Growth Limit Act of 1988

Introduced 1988-06-21· Sponsored by Rep. Leach, James A. [R-IA-1]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to Subcommittee on Financial Institutions Supervision, Regulation and Insurance.(1988-07-01)

Plain Language Summary

[AI summary unavailable — showing source text] Insolvent Thrift Institution Growth Limit Act of 1988 - Requires the Federal Home Loan Bank Board to prohibit increases in the total assets of insured thrift institutions with negative net worth. Exempts institutions which are insured by the State in which they are located and institutions which agree to forego Federal Savings and Loan Insurance Corporation coverage.…

Summarized by Claude AI · Non-partisan · For informational purposes only