Permits any national banking association which, on the date of enactment, holds title to an interest in real estate which it carried on its books at a nominal value on December 31, 1979, to continue to hold such interest for such period as would be permitted a State-chartered bank by the law of the State in which the association is located if the aggregate amount of earnings from such interest is separately disclosed in the association's annual financial statement.
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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