1294

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Amendment Number
1294
Purpose
The amendment would conform the grandfather clause of title VI to other grandfather provisions of the Bank Holding Company Act and the International Banking Act. As a matter of equity, it would allow a company that has entered into a binding written contract on or before the grandfather date to engage in activities through the acquired company.
Congress
97
Type
SUAMDT
Latest Action Date
Sep 24, 1982
Latest Action Text
Amendment agreed to in Senate by Voice Vote.
Proposed Date
Sep 24, 1982
Submitted Date
Sep 24, 1982
Chamber
Senate
Update Date
Aug 14, 2021
Amendment 1294 — Informed