Under the Competitive Equality Banking Act,a Nonlocal Check Must Clear

question 68

True/False

Under the Competitive Equality Banking Act,a nonlocal check must clear in no more than four intervening business days.

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Definitions:

Federal Building

A building owned or leased by the federal government of a country, often housing government offices.

Private Militia Group

An armed group that is not part of the official military or police force of a country and often operates with a degree of autonomy to pursue specific objectives.

Special Counsel

An independent investigator appointed to investigate, and possibly prosecute, specific legal issues within or connected to the federal government when there is a potential conflict of interest.

Kenneth Starr

A lawyer and judge known for his investigation of figures during the Clinton administration, leading to the impeachment of President Bill Clinton.