To allow the Resolution Trust Corporation to acquire property for its own use from an institution for which it has been appointed conservator or receiver only if the property has been offered for sale or lease to the public.
Resolution Trust Corporation Competitive Procurement Reform Act - Amends the Federal Home Loan Bank Act to authorize the Resolution Trust Corporation to acquire property for its own use from an institution for which it has been appointed conservator or receiver only if the property has been offered for public sale or lease.
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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