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" Whenever an insured bank shall have been closed on account of inability to meet the demands of its depositors... "
Banking Act of 1935 - Page 7
by United States. Congress. Senate. Committee on Banking and Currency - 1935
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Laws of the State of Utah

Utah - 1935 - 360 pages
...Pledging or Selling Assets. With respect to any banking institution, which is now or may hereafter be closed on account of inability to meet the demands of its depositors or by action of the state bank commissioner or of a court or by action of its directors or in the event...
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The Code of Federal Regulations of the United States of America ..., Book 2

1939 - 1520 pages
...receiver for any insured national bank, or any insured state bank in the District of Columbia, which is closed on account of inability to meet the demands of its depositors, the details of liquidation of such institutions are left to that Corporation as receiver, and the forms...
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United States Code, Volume 2

United States - 1988 - 1350 pages
...banking association organized by the Corporation to assume the insured deposite of an insured bank closed on account of inability to meet the demands of its depositors and otherwise to perform temporarily the functions prescribed in this chapter.ordinary banking business...
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Official Congressional Directory

United States. Congress - 1948 - 944 pages
...its depositors. In addition, it is authorized to act as receiver of any insured State bank which is closed on account of inability to meet the demands of its depositors, if an appointment as receiver is extended by the authority having supervision of such bank, and is...
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Inquiry Into the Operation of the Reconstruction Finance Corporation and Its ...

United States. Congress. Senate. Committee on Banking and Currency, United States. Congress. Senate. Committee on Banking and Currency. Special Subcommittee to Investigate the Reconstruction Finance Corporation - 1948 - 650 pages
...purcha.se and liquidate or sell any part of the assets of an insured bank which is now or may hereafter be closed on account of inability to meet the demands of its depositors, but in any case in which the Corporation is acting as receiver of a closed insured bank, no such loan...
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Inquiry Into the Operation of the Reconstruction Finance Corporation and Its ...

United States. Congress. Senate. Banking and Currency Committe - 1948 - 654 pages
...purchase and liquidate or sell any part of the assets of an insured bank which is now or may hereafter be closed on account of inability to meet the demands of its depositors, but ¡n any case in which the Corporation is acting as receiver of a closed insured bank, no such loan...
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The Code of Federal Regulations of the United States of America

1949 - 614 pages
...receiver for any insured national bank, or any insured state bank in the District of Columbia, which is closed on account of inability to meet the demands of its depositors, the details of liquidation of such institutions are left to that Corporation as receiver, and the forms...
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The Code of Federal Regulations of the United States of America

1989 - 616 pages
...purposes as if the interest of such participant had fully vested as of the date the insured bank was closed on account of inability to meet the demands of its depositors. (2) In connection with any trust in which certain trust interests are not capable of evaluation in...
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Amendments to Federal Deposit Insurance Act: Hearings Before a Subcommittee ...

United States. Congress. Senate. Committee on Banking and Currency - 1950 - 208 pages
...privileges granted by State law to a receiver of a State bank. "(f) Whenever an insured bank shall have been closed on account of inability to meet the demands of its depositors, payment of the insured deposits in such bank shall be made by the Corporation as soon as possible,...
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Amendments to Federal Deposit Insurance Act, Hearing Before a Subcommittee ...

United States. Congress. Senate. Banking and Currency Committee - 1950 - 162 pages
...banking association organized by the Corporation to assume the insured deposits of an insured bank closed on account of inability to meet the demands of its depositors and otherwise to perform temporarily the functions prescribed in this Act. "(j) The term 'receiver,...
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