12 USC 1831o-1 - Source of strength

U.S Code last checked for updates: Nov 22, 2024

§ 1831o–1.

Source of strength

(a)

Holding companies

(b)

Other companies

(c)

Authority of State insurance regulator

(1)

In general

(2)

Rule of construction

(d)

Reports

The appropriate Federal banking agency for an insured depository institution described in subsection (b) may, from time to time, require the company, or a company that directly or indirectly controls the insured depository institution, to submit a report, under oath, for the purposes of—

(1)

assessing the ability of such company to comply with the requirement under subsection (b); and

(2)

enforcing the compliance of such company with the requirement under subsection (b).

(e)

Rules

(f)

Definition

(Sept. 21, 1950, ch. 967, § 2[38A], as added Pub. L. 111–203, title VI, § 616(d), July 21, 2010, 124 Stat. 1616; amended Pub. L. 114–113, div. O, title VII, § 706(a), Dec. 18, 2015, 129 Stat. 3029.)

cite as: 12 USC 1831o-1