Sec. 4. Resolved insured depository institutions
33 words·~1 min read·
/bill/118/s/1045/is/section-4·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
If an insured depository institution is resolved by the Federal Deposit Insurance Corporation, the creditors and shareholders of any corresponding depository institution holding company shall bear the losses of the insured depository institution.