§ 1862. Amount of investment in bank service company
346 words·~2 min read·
/usc/title-12/section-1862A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Notwithstanding any limitation or prohibition otherwise imposed by any provision of law exclusively relating to banks or savings associations, other than the limitation on the amount of investment by a Federal savings association contained in section 1464(c)(4)(B) of this title, an insured depository institution may invest not more than 10 per centum of paid-in and unimpaired capital and unimpaired surplus in a bank service company. No insured depository institution shall invest more than 5 per centum of its total assets in bank service companies.
(Pub. L. 87–856, § 2, Oct. 23, 1962, 76 Stat. 1132; Pub. L. 97–320, title VII, § 709, Oct. 15, 1982, 96 Stat. 1541; Pub. L. 104–208, div. A, title II, § 2613(c), Sept. 30, 1996, 110 Stat. 3009–477; Pub. L. 109–351, title VI, § 602(a), (b)(2), Oct. 13, 2006, 120 Stat. 1978, 1979.)
Connections13 cite this · traces to 1
Cited by 13 sections · top 10
statute-compilations
register
statutes-at-large
- Public Law 109–351To provide regulatory relief and improve productivity for insured depository institutions, and for other purposes
- Public Law 97–320To revitalize the housing industry by strengthening the financial stability of home mortgage lending institutions and ensuring the availability of home mortgage loans
- Public Law 104–207Waiving certain enrollment requirements with respect to any bill or joint resolution of the One Hundred Fourth Congress making genera) or continuing appropriations for fiscal year 1997
Traces to 1 document
U.S. Code
11 references not yet in our index
- Pub. L. 87–856, § 2
- 76 Stat. 1132
- Pub. L. 97–320, title VII, § 709
- 96 Stat. 1541
- Pub. L. 104–208, div. A, title II, § 2613(c)
- 110 Stat. 3009–477
- Pub. L. 109–351, title VI, § 602(a)
- 120 Stat. 1978
- Pub. L. 109–351
- Pub. L. 104–208
- Pub. L. 97–320
Citation graph
cites case law
§ 1862
Amount of investment in bank service company
Fed. Reg.×6
Stat.×4
Bills×1
C.F.R.×1
Stat. Comp.×1
Pub. L.Pub. L. 87–856, § 2
Stat.76 Stat. 1132
Pub. L.Pub. L. 97–320, title VII, § 709
Stat.96 Stat. 1541
Pub. L.Pub. L. 104–208, div. A, title II, § 2613(c)
Cites 12 · showing 6Cited by 13 across 5 sources