Which Act Created a New System of Federally Chartered Banks

question 97

Multiple Choice

Which act created a new system of federally chartered banks called national banks?

• A) the Gramm-Leach-Bliley Act of 1999
• B) the Dodd-Frank Act of 2010
• C) the Garn-St. Germain Act of 1982
• D) the Sarbanes-Oxley Act of 2002
• E) the National Banking Act of 1863

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Definitions:

Cafeteria-Style

A flexible benefits plan that allows employees to choose among a variety of offerings to create a benefits package tailored to their needs.

Wellness Programs

Organized and coordinated programs that aim to promote the overall health and well-being of participants, often offered through employers.

Consumer-Directed

A model or approach that allows consumers to make decisions about the goods or services they receive, often seen in healthcare or marketing.

Health Plans

Insurance policies or arrangements that provide coverage for medical expenses to individuals or groups.