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Code · BILL · 115th Congress · H.R. 5059 (Introduced in House) — To amend the Home Owners’ Loan Act with respect to the registration and supervision of insurance savings and loan hol... · Sec. 3

Sec. 3. Assessments and fees for insurance savings and loan holding companies

73 words·~1 min read·/bill/115/hr/5059/ih/section-3

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Section 11 of the Federal Reserve Act ( 12 U.S.C. 248 ) is amended, in the second subsection
(s)(relating to assessments), by adding at the end the following: With respect to an insurance savings and loan holding company, as defined in section 10 of the Home Owners’ Loan Act ( 12 U.S.C. 1467a ), the total consolidated assets described in paragraph (2)(B) shall not include any asset of an insurance company. .
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Sec. 3
Assessments and fees for insurance savings and loan holding companies
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