Federal Charter Legislation for Mutual Savings Banks, 1967: Hearings, Ninetieth Congress, First Session, on H.R.15 and H.R.10745; [and] 11139U.S. Government Printing Office, 1967 - 765 pages Considers. H.R. 15 and related H.R. 10745, to authorize Federal Home Loan Bank Board to charter and supervise mutual savings banks. H.R. 3547, to amend Home Owners' Loan Act of 1933 to allow issuance of guaranteed stock by Federal savings and loan associations to raise capital. H.R. 11139, to establish a more convenient system of Federal savings associations to accommodate public needs and to increase savings. |
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amended amount application approval assets asso authority BLISS Board may prescribe board of directors branch Chairman CLAWSON commercial banks committee competition Congress conversion deem Deposit Insurance Corporation depositors Federal charter Federal Deposit Insurance Federal Home Loan Federal mutual savings Federal savings association Federal savings bank Federal Savings Insurance financial institutions funds GREENWOOD Home Loan Bank ings bank leasehold estate limitations line numbers liquidity requirement loan associations Loan Bank Board matter in italic matter in linetype merger transaction mortgage credit MULTER mutual savings banks mutual savings institutions mutual thrift national bank numbers above refer obligations percent permit person proposed proxy read as follows real estate Recommendation regulation Revise Section roman type Savings & Loan savings accounts savings and loan savings bank bill savings deposits Savings Insurance Corporation State-chartered subcommittee subsection thereof thrift institutions tion United States Code vote
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Page 411 - States, or (B) any other proposed merger transaction whose effect in any section of the country may be substantially to lessen competition, or to tend to create a monopoly, or which in any other manner would be in restraint of trade, unless it finds that the anticompetitive effects of the proposed transaction are clearly outweighed in the public interest by the probable effect of the transaction in meeting the convenience and needs of the community to be served.
Page 212 - Board may issue and serve upon the association an order to cease and desist from any such violation or practice. Such order may, by provisions which may be mandatory or otherwise, require the...
Page 215 - USC 1818(e) (2) has committed any violation of law, rule, or regulation, or of a cease-and-desist order which has become final, or has engaged or participated in any unsafe or unsound practice in connection with the bank, or has committed or engaged in any act, omission, or practice which constitutes a breach of his fiduciary duty as such director or officer...
Page 465 - State thereof, and principally engaged in international or foreign banking, or banking in a dependency or insular possession of the United States either directly or through the agency, ownership, or control of local institutions in foreign countries, or in such dependencies or insular possessions.
Page 224 - Circuit, within thirty days after the date of service of such order, a written petition praying that the order of the Board be modified, terminated, or set aside. A copy of such petition shall be forthwith transmitted by the clerk of the court to the...
Page 75 - Corporation, or, without being duly authorized, draws any order or issues, puts forth, or assigns any note, debenture, bond, or other obligation, or draft, bill of exchange, mortgage, judgment, or decree thereof...
Page 212 - Unless the bank shall appear at the hearing by a duly authorized representative, it shall be deemed to have consented to the issuance of the ceaseand-desist order.
Page 628 - ... during the lifetime of both, or to the survivor after the death of one of them; and such payment and the receipt or acquittance of the one to whom such payment is made shall be a valid and sufficient release and discharge to...
Page 89 - If any provision of this Act, or the application of such provision to any . person or circumstance, shall be held invalid, the remainder of this Act, or the application of such provision to persons or circumstances other than those as to which it is held invalid, shall not be affected thereby. SEC. 16. This Act may be cited as the "National Labor Relations Act.
Page 176 - The members who shall be entitled to vote at any meeting of the members shall be those...