Bank Holding Company Act: Report. May 7, 1958 |
From inside the book
1 page matching "organized and operated exclusively for religious, charitable, or educational purposes, no part of the net" in this book
Contents
Exclusion of agreement foreign banking corporations from | 15 |
Elimination of exemption of shares owned by a bank which | 21 |
Exhibit A Draft of bill to carry out recommended changes in the law | 29 |
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Common terms and phrases
25 per centum 25 percent Act is amended amended by striking application bank holding company bank stock Banking Act banking subsidiary becoming a bank benefit Board of Governors Board's recommendation company became Comptroller Congress controlled directly corporation date of enactment debentures deemed definition of bank deposits directly or indirectly divestment requirements exemption extension of credit Federal Reserve Act Federal Reserve System fiduciary capacity held by trustees held or acquired held or controlled Holding Company Act holding company affiliate holding company system indirect ownership indirectly by trustees Internal Revenue Code Investment Company Act loans member bank national bank nonbanking organization ownership or control pany par value prior approval proposed provisions of section purposes registered repealed repurchase agreement respect Revised Statutes section 23A sentence of subsection shareholders or members shares acquired shares are held shares held subsidiary banks term affiliate tion total assets transaction voting permit voting shares