HR 8438 · 96th Congress · Finance and Financial Sector

A bill to authorize any bank holding company to acquire control of banks located outside of the State in which such bank holding company is located.

Introduced 1980-12-05· Sponsored by Rep. Moorhead, William S. [D-PA-14]· 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.(1980-12-05)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Bank Holding Company Act of 1956 to allow any bank holding company to acquire interest in a bank located outside the State in which such company's banking operations are principally conducted.…

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