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Code · BILL · 119th Congress · S. 4050 (Introduced in Senate) — To amend the Federal Deposit Insurance Act to clarify that the Federal Deposit Insurance Corporation and appropriate... · Sec. 3

Sec. 3. Orderly liquidation of covered financial companies

48 words·~1 min read·/bill/119/s/4050/is/section-3

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Section 204(a)(3) of the Dodd-Frank Wall Street Reform and Consumer Protection Act ( 12 U.S.C. 5384(a)(3) ) is amended by striking the financial company and inserting of a financial company for which the Corporation is appointed receiver, regardless of the process by which the Corporation is appointed, .
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Sec. 3
Orderly liquidation of covered financial companies
U.S.C.§ 5384
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