Deposit Insurance Reform, Regulatory Modernization, and Taxpayer Protection of 1996

[AI summary unavailable — showing source text] TABLE OF CONTENTS: Title I: 100-Percent Cross-Guarantees Subtitle A: Definitions Subtitle B: Cross-Guarantee Process Subtitle C: Powers and Duties of the CGRC Subtitle D: Miscellaneous Provisions Subtitle E: Transition to 100 Percent Cross-Guarantee Process Title II: Amendments to Other Banking Laws Title III: Amendment to Title 11, United States Code Subtitle A: Amendments to Chapter 1 of Title 11 Subtitle B: Amendments to Chapter 3 of Title 11 Subtitle C: Amendments to Chapter 5 of Title 11 Subtitle D: Amendments to Chapter 11 of Title 11 Title IV: Amendment to Title 28, United States Code Deposit Insurance Reform, Regulatory Modernization, and Taxpayer Protection Act of 1996 - Title I: 100-Percent Cross-Guarantees - Subtitle A: Definitions - Sets forth definitions of terms used in this Act. (Sec. 102) States that the purposes of this title are to: (1) establish a private, competitive deposit insurance marketplace; (2) require each bank and savings association which accepts deposits to protect their full amount, along with most other nondeposit liabilities, by obtaining cross-guarantee contracts from syndicates of direct guarantors; (3) induce depository institutions to lend and …