To Provide Insurance for Accounts in State and Federally Chartered Credit Unions: Hearings, Ninety-first Congress, Second Session, on H.R. 18870 ... September 10 and 11, 1970U.S. Government Printing Office, 1970 - 91 стор. |
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Загальні терміни та фрази
account holder account insurance Adminis amount assets BARRETT bill BROWN capital Chairman chartered credit unions closed credit union closed insured credit committee community credit unions CONGRESS THE LIBRARY Credit Union Act Credit Union Administration credit union insured credit union members credit union movement Credit Union Share CUNA dividend dual chartering FDIC Federal credit unions Federal share insurance financial institutions FSLIC GALIFIANAKIS GANNON GETTYS Huot income insured accounts insured credit union insured State credit KASS legislation LIBRARY OF CONGRES LIBRARY OF CONGRESS liquidating agent liquidating credit union loan associations losses low-income credit unions MACKINNON million National Credit Union one-twentieth Panama Canal Zone percent premium investment proposed section provide insurance reserve requirements savings and loan section 1(3 Senate share accounts Share Insurance Fund State-chartered credit unions subsection supervisory Thank Union Share Insurance United States Code unsafe or unsound Washington counsel WIDNALL WRIGHT PATMAN
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Сторінка 6 - States in any board, commission, independent establishment, or executive department thereof; (5) employ experts and consultants or organizations thereof, as authorized by section 15 of the Administrative Expenses Act of 1946 (5 USC 55a...
Сторінка 10 - Such loans shall bear interest at a rate not less than a rate determined by the Secretary of the Treasury taking into consideration the current average market yield on outstanding marketable obligations of the United States with remaining periods to maturity comparable to the average maturities of such loans, adjusted to the nearest one-eighth of 1 per centum, less not to exceed one-half of 1 per centum per annum.
Сторінка 4 - State banks. The proceeds of every such sale or loan shall be utilized for the same purposes and in the same manner, as other funds realized from the liquidation of the assets of such banks.
Сторінка 5 - Bank shall be a party shall be deemed to arise under the laws of the United States, and the district courts of the United States shall have original jurisdiction of any such action.
Сторінка 5 - Corporation unless such agreement (1) shall be in writing, (2) shall have been executed by the bank and the person or persons claiming an adverse interest thereunder, including the obligor, contemporaneously with the acquisition of the asset by the...
Сторінка 6 - ... regulating the manner in which its general business may be conducted, and the privileges granted to it by law may be exercised and enjoyed. Seventh. To exercise by its Board of Directors, or duly authorized officers or agents, all powers specifically granted by the provisions of this Act, and such incidental powers as shall be necessary to carry out the powers so granted.
Сторінка 2 - Comptroller shall thereupon cause notice to be given, by advertisement in such newspapers as he may direct, for three consecutive months, calling on all persons who may have claims against such association to present the same, and to make legal proof thereof.
Сторінка 1 - Such reports of condition shall be in such form and shall contain such information as the Board of Governors of the Federal Reserve System may require and shall be published by the reporting banks in such manner and in accordance with such regulations as the said Board may prescribe.
Сторінка 6 - Commissioner, notwithstanding the provisions of any other law, shall — (1) prepare annually and submit a budget program as provided for wholly owned Government corporations by the Government Corporation Control Act, as amended...