H.R.643: To extend the effectiveness of an exemption from the requirements of the Depository Institution Management Interlocks Act.

About This Bill

Bill Summary

Amends the Depository Institution Management Interlocks Act to repeal the 20-year expiration date for (and thereby indefinitely extend) the exemption of certain grandfathered management officials from the prohibition against dual service in unaffiliated Federal depository institutions or depository holding companies in specified circumstances.

(Source: Library of Congress)

Bill Actions

Date Description
Referred to the House Committee on Banking and Financial Services.
Referred to the Subcommittee on Financial Institutions and Consumer Credit.
Jan. 23, 1995

Introduced in the House by Bennie Thompson (D-Miss.)

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