To amend the Federal Deposit Insurance Act to provide that the liability of certain depository institutions for losses incurred by affiliate depository institutions does not cease after the affiliation ceases.
Depository Institution Cross Guarantee Amendments of 1990 - Amends the Federal Deposit Insurance Act to make commonly controlled depository institutions liable to the Federal Deposit Insurance Corporation (FDIC) for an affiliate's anticipated losses even if such a depository institution is no longer an affiliate at the time the FDIC provides assistance or incurs a loss.
Introduced in House
Introduced in House
Referred to the House Committee on Banking, Finance + Urban Affrs.
Referred to the Subcommittee on Financial Institutions Supervision, Regulation and Insurance.
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