Notice of Change in Control of Management of Insured Banks: Hearing, Eighty-eighth Congress, Second Session, on H.R. 12267 ... and H.R. 12268 ... August 12, 1964U.S. Government Printing Office, 1964 - 69 páginas |
Dentro del libro
Resultados 1-5 de 11
Página 1
... Present : Representatives Patman , Multer , Barrett , Mrs. Sullivan , Reuss , Ashley , Vanik , Moorhead , Stephens , St Germain , Gonzalez , Pepper , Minish , Weltner , Hanna , Grabowski , White , Kilburn , Wid- nall , Fino , Mrs. Dwyer ...
... Present : Representatives Patman , Multer , Barrett , Mrs. Sullivan , Reuss , Ashley , Vanik , Moorhead , Stephens , St Germain , Gonzalez , Pepper , Minish , Weltner , Hanna , Grabowski , White , Kilburn , Wid- nall , Fino , Mrs. Dwyer ...
Página 4
... present my colleague , Mr. K. A. Randall . The CHAIRMAN . He can join you at the table if you like . Mr. BARR . Mr. Randall came to the Corporation from Provo , Utah , and has proved to be a hard - working and diligent member of the ...
... present my colleague , Mr. K. A. Randall . The CHAIRMAN . He can join you at the table if you like . Mr. BARR . Mr. Randall came to the Corporation from Provo , Utah , and has proved to be a hard - working and diligent member of the ...
Página 7
... present . We will also refer to two instances where checking out rumors of a change in control helped prevent insolvency . A $ 7 million bank that had been operated in an ultraconservative manner with enough of its funds in cash , due ...
... present . We will also refer to two instances where checking out rumors of a change in control helped prevent insolvency . A $ 7 million bank that had been operated in an ultraconservative manner with enough of its funds in cash , due ...
Página 9
... present to the Congress . Confirming our previous informal advice , you are advised that there is no objection to the presentation of your proposed draft bill to the Congress and that its enactment would be consistent with the ...
... present to the Congress . Confirming our previous informal advice , you are advised that there is no objection to the presentation of your proposed draft bill to the Congress and that its enactment would be consistent with the ...
Página 10
... Present law does not require that Federal supervisory agencies be informed of changes in control of the banks which they supervise . It is therefore possible that a change of control could occur shortly after a bank had been examined ...
... Present law does not require that Federal supervisory agencies be informed of changes in control of the banks which they supervise . It is therefore possible that a change of control could occur shortly after a bank had been examined ...
Términos y frases comunes
American Bankers Association appropriate Federal banking ASHLEY Bank of Minden bank regulation bank's BARR bill CAMP CHAIRMAN change in control change of ownership chief executive officer committee Comptroller CONGRESS THE LIBRARY control of management creditors includes depositors deposit accounts paid Deposit Insurance Corporation depositors with balances deposits and preferred Earlsboro Ellenville Estimated additional expenses estimated gross loss Estimated gross recovery Estimated loss FDIC nonrecoverable insurance Federal banking agency Federal Deposit Insurance Federal Reserve System Included in number insured bank Less estimated gross LIBRARY OF CONGRESS loss as receiver loss by FDIC loss to common management of insured Minden City national banks nonrecoverable insurance expense notice of change number of insured owners paid by FDIC Paid by receiver paid on proven proved common claims provide for notice Receivership charges recovery by FDIC REUSS role of deposit ST GERMAIN subrogee of insured Total Unpaid proved common VANIK Westmont WRIGHT PATMAN
Pasajes populares
Página 39 - ... newspaper in the place, then in the one published nearest thereto in the same county, at the expense of the association, and such proof of publication shall be furnished as may be required by the Comptroller.
Página 39 - Comptroller shall be published in a newspaper published in the place where such association is established...
Página 39 - Board may prescribe, shall be verified by the oath or affirmation of the president or such other officer as may be designated by the board of directors of such affiliate to verify such reports...
Página 39 - ... for additional reports with respect to any such affiliate whenever in his judgment the same are necessary in order to obtain a full and complete knowledge of the conditions of the association with which it is affiliated. Such additional reports shall be transmitted to the Comptroller of the Currency in such form as he may prescribe. Any such affiliated bank which fails to obtain and furnish any report required under this section shall be subject to a penalty of $100 for each day during which...
Página 39 - ... according to the form which may be prescribed by him, verified by the oath or affirmation of the president or cashier of such association, and attested by the signature of at least three of the directors.
Página 34 - ... may hereafter be, coined at the mints of the United States, or any foreign gold or silver coins which are by law made current or are in actual use or circulation as money within the United States...
Página 5 - Control" (including the terms "controlling", "controlled by", and "under common control with") means the possession, directly or indirectly, of the power to direct or cause the direction of the management and policies of a...
Página 39 - Every association shall make to the Comptroller reports of the payment of dividends, including advance reports of dividends proposed to be declared or paid in such cases and under such conditions as the Comptroller deems necessary to carry out the purposes of the laws relating to national banking associations in such form and at such times as he may require.
Página 1 - Whenever a change occurs in the outstanding voting stock of any insured bank which will result in control or in a change in the control of the bank, the president or other chief executive officer of such bank shall promptly report such facts to the appropriate Federal banking agency upon obtaining knowledge of such change. As used in this subsection, the term 'control...
Página 2 - As used in this subsection, the term "control" means the power to directly or indirectly direct or cause the direction of the management or policies of the bank. A change in ownership...