Bank Holding Company Act of 1956

Encyclopedia : B : BA : BAN : Bank Holding Company Act of 1956

The Bank Holding Company Act of 1956 (#redirect , et seq.) is a United States Act of Congress that regulates the actions of bank holding companies.

This act required Federal Reserve Board approval for the establishment of a bank holding company. Prohibited bank holding companies headquartered in one state from acquiring a bank in another state.

From Wikipedia, the Free Encyclopedia. Original article here. Support Wikipedia by contributing or donating.
All text is available under the terms of the GNU Free Documentation License See Wikipedia Copyrights for details.