To impose a moratorium on conversions of savings associations to State savings banks.
Savings Association Conversion Moratorium Act - Amends the Federal Deposit Insurance Act to prohibit a Savings Association Insurance Fund member from converting to a State savings bank charter between enactment of this Act and December 31, 1991, without the approval of the Director of the Office of Thrift Supervision before such period began.
Introduced in House
Introduced in House
Referred to the House Committee on Banking, Finance + Urban Affrs.
Committee Consideration and Mark-up Session Held.
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