A bill to require the Federal Home Loan Bank Board to prescribe regulations to prohibit any increase in the amount of total assets of thrift institutions with negative net worth.
Insolvent Thrift Institution Growth Limit Act of 1988 - Requires the Federal Home Loan Bank Board to prohibit increases in the total assets of insured thrift institutions with negative net worth.
Exempts institutions which are insured by the State in which they are located and institutions which agree to forego Federal Savings and Loan Insurance Corporation coverage.
Introduced in House
Introduced in House
Referred to House Committee on Banking, Finance and Urban Affairs.
Referred to Subcommittee on Financial Institutions Supervision, Regulation and Insurance.
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