Sec. 2709. TREASURY STUDY OF COMMON DEPOSITORY INSTITUTION CHARTER

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## SEC. 2709 TREASURY STUDY OF COMMON DEPOSITORY INSTITUTION CHARTER ###

(a)Study Required The Secretary of the Treasury shall conduct a study of all issues which the Secretary considers to be relevant with respect to the development of a common charter for all insured depository institutions (as defined in section 3 of the Federal Deposit Insurance Act) and the abolition of separate and distinct charters between banks and savings associations. ###

(b)Report to the Congress ####

(1)In general The Secretary of the Treasury shall submit a report to the Congress on or before March 31, 1997, containing the findings and conclusions of the Secretary in connection with the study conducted pursuant to subsection (a). ####

(2)Detailed analysis and recommendations The report under paragraph

(1)shall include— #####

(A)a detailed analysis of each issue the Secretary considered relevant to the subject of the study; #####

(B)recommendations of the Secretary with regard to the establishment of a common charter for insured depository institutions (as defined in section 3 of the Federal Deposit Insurance Act); and #####

(C)such recommendations for legislative and administrative action as the Secretary determines to be appropriate to implement the recommendations of the Secretary under subparagraph (B).