HR 3374 · 106th Congress · Finance and Financial Sector
Federal Deposit Insurance Corporation Examination Enhancement and Insurance Fund Protection Act
Bill Progress
✓
Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to the Subcommittee on Financial Institutions and Consumer Credit.(1999-12-02)
Plain Language Summary
[AI summary unavailable — showing source text]
Federal Deposit Insurance Corporation Examination Enhancement and Insurance Fund Protection Act - Amends the Federal Deposit Insurance Act regarding special examinations of an insured depository institution to require that all reasonable efforts be made to: (1) coordinate FDIC special examinations with other Federal or State regulatory entities; and (2) minimize the disruptive effects of such examinations upon institution operations. Mandates that the Federal banking agencies: (1) grant access to the FDIC in as prompt a manner as practicable with respect to reports of examination and reports of conditions; and (2) establish procedures for providing the FDIC with access to additional information as needed for insurance purposes.…
Summarized by Claude AI · Non-partisan · For informational purposes only