A bill to provide that no depository institution may accept deposits unless such depository institution is either federally insured or insured by a State-sponsored insurance program which is backed by the full faith and credit of the State involved.

Summary

Full Text

Legislative Actions

1. 1985-05-23

   Introduced in House

2. 1985-05-23

   Introduced in House

3. 1985-05-23

   Referred to House Committee on Banking, Finance and Urban Affairs.

4. 1985-05-23

   Referred to Subcommittee on Financial Institutions Supervision, Regulation and Insurance.