HR 7902 · 95th Congress · Finance and Financial Sector

A bill to amend section 5146 of the Revised Statutes with respect to the qualifications of directors of national banks.

Introduced 1977-06-21· Sponsored by Rep. Barnard, Doug, Jr. [D-GA-10]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to House Committee on Banking, Finance and Urban Affairs.(1977-06-21)

Plain Language Summary

[AI summary unavailable — showing source text] States that an otherwise qualified director of a national bank may satisfy the requirement that he own capital stock, having a specified value, of the bank of which he is the director by owning stock (having that same value) of a bank holding company which controls the national bank of which he is the director.…

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