Sec. 2. Liquidation authority
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Clause
(iii)of section 201(a)(11)(B) of the Dodd-Frank Wall Street Reform and Consumer Protection Act ( 12 U.S.C. 5381(a)(11)(B)(iii) ) is amended by inserting an insurance company or after other than . Subsection
(e)of section 203 of the Dodd-Frank Wall Street Reform and Consumer Protection Act ( 12 U.S.C. 5383(e) ) is amended— in paragraph (1)— by striking if an insurance company is a covered financial company or a subsidiary or affiliate of a covered financial company, ; and by striking such insurance and inserting an insurance ; and by striking paragraph (3). Paragraph
(1)of section 210(o) of the Dodd-Frank Wall Street Reform and Consumer Protection Act ( 12 U.S.C. 5390(o)(1) ) is amended by inserting , excluding an insurance company subject to assessment pursuant to applicable State law to cover (or reimburse payments made to cover) the costs of rehabilitation, liquidation, or other State insolvency proceeding with respect to 1 or more insurance companies, after $50,000,000,000 each place such term appears.
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