Bill Type
Congress Name
Long Title
AN ACT ALLOWING FINANCIALLY DISTRESSED BANK TO GO ON HOLIDAY FOR A PERIOD NOT EXCEEDING SIXTY (60) DAYS AND FOR OTHER PURPOSES
Date filed
November 3, 1998
Scope
Urgent Bill
No
Legislative History
| House Bill/Resolution NO. HB05094 |
| FULL TITLE : AN ACT ALLOWING FINANCIALLY DISTRESSED BANK TO GO ON HOLIDAY FOR A PERIOD NOT EXCEEDING SIXTY (60) DAYS AND FOR OTHER PURPOSES |
| ABSTRACT : The proposal is intended to give a distressed bank a chance to rehabilitate itself within the prescribed period. Also, this will protect the interest of the depositors and the public, as well. |
| PRINCIPAL AUTHOR/S : ANGPING, HARRY C. |
| DATE FILED : 1998-11-03 |
| SIGNIFICANCE: NATIONAL |
| ADMINISTRATION BILL? No |
| URGENT BILL? No |
| ACTIONS TAKEN BY THE COMMITTEE |
| MOTHER BILL: HB09427 |
| ACTIONS TAKEN BY THE COMMITTEE ON RULES |
| REFERRAL TO THE COMMITTEE ON BANKS AND FINANCIAL INTERMEDIARIES ON 1998-11-11 |
Abstract
The proposal is intended to give a distressed bank a chance to rehabilitate itself within the prescribed period. Also, this will protect the interest of the depositors and the public, as well.
Disclaimer
Note: Legislative history and other information accessed from Congress Legis. Information as of April 20, 2022.