BHC Act definition

BHC Act means the Bank Holding Company Act of 1956, as amended.

BHC Act means the federal Bank Holding Company Act of 1956, as amended.

BHC Act has the meaning set forth in Section 3.1(b)(ii).

Examples of BHC Act in a sentence

• Interested persons may express their views in writing on the standards enumerated in the BHC Act (12 U.S.C. 1842(c)).

• If the proposal also involves the acquisition of a nonbanking company, the review also includes whether the acquisition of the nonbanking company complies with the standards in section 4 of the BHC Act (12 U.S.C. 1843).

• The [BHC Act] provides a federal framework for the supervision and regulation of all domestic and foreign companies that control a bank and the subsidiaries of such companies.

• Among the principal purposes of the BHC Act is to protect the safety and soundness of corporately controlled banks.

• CapitalSource controls certain assets that are not permissible for a bank holding company to control under section 4 of the BHC Act and Regulation Y.

More Definitions of BHC Act

BHC Act means the U.S. Bank Holding Company Act of 1956 and any regulations, including Regulation Y of the Board of Governors of the Federal Reserve System, promulgated thereunder and interpretations thereof.

BHC Act means the Bank Holding Company Act of 1956, as amended, or any successor statute, and the rules and regulations promulgated thereunder.

BHC Act. The United States Bank Holding Company Act of 1956, as amended, as the same may be further amended from time to time.

BHC Act means the federal Bank Holding Company Act of 1956, as amended, and the Federal Reserve regulations thereunder.

BHC Act has the meaning set forth in Section 5.03(g)(i).

BHC Act the federal Bank Holding Company Act of 1956.

BHC Act means the federal Bank Holding Company Act of 1956, as amended, 12 U.S.C. § 1841, et. seq.