Federal Deposit Insurance Corporation Improvement Act of 1991
id:
federal-deposit-insurance-corporation-improvement-act-of-1991-214-26172
title:
Federal Deposit Insurance Corporation Improvement Act of 1991
text:
The Federal Deposit Insurance Corporation Improvement Act of 1991, passed during the savings and loan crisis in the United States, strengthened the power of the Federal Deposit Insurance Corporation. It allowed the FDIC to borrow directly from the Treasury department and mandated that the FDIC resolve failed banks using the least costly method available. It also ordered the FDIC to assess insurance premiums according to risk and created new capital requirements.
brand slug:
wiki
category slug:
encyclopedia
description:
Banking Law in United States
original url:
https://en.wikipedia.org/wiki/Federal_Deposit_Insurance_Corporation_Improvement_Act_of_1991
date created:
2006-08-13T20:52:22Z
date modified:
2024-09-12T12:17:14Z
main entity:
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image:
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fields total:
13
integrity:
16