H.R.542: To extend the statute of limitations applicable to civil actions brought by the Federal conservator or receiver of a failed depository institution.

About This Bill

  • This bill was introduced in the 103rd Congress
  • This bill is primarily about finance and financial sector
  • Introduced Jan. 21, 1993
  • Latest Major Action Feb. 1, 1993

Bill Summary

Amends the Federal Deposit Insurance Act and the Federal Credit Union Act to extend from three to five years the statute of limitations for civil actions brought by a Federal conservator or receiver of a failed depository institution.

(Source: Library of Congress)

Bill Actions

Date Description
Sponsor introductory remarks on measure.
Referred to the House Committee on Banking, Finance + Urban Affrs.
Referred to the Subcommittee on Financial Institutions Supervision, Regulation and Deposit Insurance.
Jan. 21, 1993

Introduced in the House by Pete Stark (D-Calif.)

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