HR 9443 · 95th Congress · Finance and Financial Sector

A bill to prohibit federally-insured banks for making loans to provide for the purchase of bank stock.

Introduced 1977-10-05· Sponsored by Rep. Gonzalez, Henry B. [D-TX-20]· House

Bill Progress

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Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to House Committee on Banking, Finance and Urban Affairs.(1977-10-05)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Federal Deposit Insurance Act to prohibit federally-insured banks from making any loan, discount or extension of credit to provide for the purchase of stocks, bonds, debentures, or other obligations of any bank.…

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