Sec. 5. Shareholder threshold treatment of savings and loan holding companies
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/bill/114/s/1816/is/section-5·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Section 3(a) of the Securities Exchange Act of 1934 ( 15 U.S.C. 78c(a) ) is amended— by redesignating the second paragraph
(80)(relating to funding portals) as paragraph (81); and by adding at the end the following: The term bank holding company has the meaning given the term in section 2(a) of the Bank Holding Company Act of 1956 ( 12 U.S.C. 1841(a) ). The term savings and loan holding company has the meaning given the term in section 10(a) of the Home Owners’ Loan Act ( 12 U.S.C. 1467a(a) ). . Section 12(g) of the Securities Exchange Act of 1934 ( 15 U.S.C. 78l(g) ) is amended— in paragraph (1)(B), by striking or a bank holding company, as such term is defined in section 2 of the Bank Holding Company Act of 1956 ( and inserting 12 U.S.C. 1841 ) , a bank holding company, or a savings and loan holding company ; and in paragraph (4), by striking or a bank holding company, as such term is defined in section 2 of the Bank Holding Company Act of 1956 ( and inserting 12 U.S.C. 1841 ), 1,200 persons persons , a bank holding company, or a savings and loan holding company, 1,200 persons . Section 15(d) of the Securities Exchange Act of 1934 ( 15 U.S.C. 78o(d) ) is amended, in the third sentence, by striking or a bank holding company, as such term is defined in section 2 of the Bank Holding Company Act of 1956 ( and inserting 12 U.S.C. 1841 ), 1,200 persons persons , a bank holding company, or a savings and loan holding company, 1,200 persons .
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Sec. 5
Shareholder threshold treatment of savings and loan holding companies
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