12 U.S.C. § 2277a–3 — Commencement of insurance
submitted 38 years ago by Pub. L. 92-181 to r/title-12-BANKS-AND-BANKING · 81 words · no verdicts yet
A translation hasn’t been published for this section yet. The official text below is complete and authoritative.
Effective beginning on January 1, 1989, or 12 months after January 6, 1988, whichever is later, each System bank shall be an insured System bank* and shall be subject to this part. Each System bank that is authorized to commence or resume operations under a subchapter of this chapter shall be an insured System bank from the time of such authorization. A bank resulting from the merger or consolidation of insured System banks shall be an insured System bank.
Source credit: (Pub. L. 92–181, title V, § 5.54, as added Pub. L. 100–233, title III, § 302, Jan. 6, 1988, 101 Stat. 1611.)
- 1988Enacted · Pub. L. 92-181 · 101 Stat. 1611
A history note hasn’t been published yet. The record shows enactment by Pub. L. 92-181 on 1988-01-06.
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