The Passage of Which Regulation Extended the Interstate Acquisition Powers

question 97

Multiple Choice

The passage of which regulation extended the interstate acquisition powers of banks to encompass healthy thrifts?

• A)Bank Holding Company Act.
• B)McFadden Act.
• C)Garn-St.Germain Act.
• D)Financial Institutions Reform, Recovery, and Enforcement Act.
• E)Glass-Steagall Act.

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Definitions:

Dispute

A disagreement or argument between parties, often requiring resolution.

Personal Property

refers to movable items owned by an individual or entity, as opposed to real property which includes land and buildings.

Real Property

Land and anything permanently affixed to it, such as buildings or trees, considered as a legal entity.

Converted

Changed or transformed in form, character, or function.