HR 4489 · 101th Congress · Finance and Financial Sector

Depository Institution Cross Guarantee Amendments of 1990

Introduced 1990-04-04· Sponsored by Rep. Hoagland, Peter [D-NE-2]· House

Bill Progress

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Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the Subcommittee on Financial Institutions Supervision, Regulation and Insurance.(1990-04-16)

Plain Language Summary

[AI summary unavailable — showing source text] Depository Institution Cross Guarantee Amendments of 1990 - Amends the Federal Deposit Insurance Act to make commonly controlled depository institutions liable to the Federal Deposit Insurance Corporation (FDIC) for an affiliate's anticipated losses even if such a depository institution is no longer an affiliate at the time the FDIC provides assistance or incurs a loss.…

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