Examples of Covered institution in a sentence
This process may take several weeks in the case of a relatively large Covered institution.
The Covered institution alsomust have the capability to generate a standard data set of deposit account fields necessary for the FDIC to conduct the deposit insurance determination.Except as discussed below for Option 1, the standard data set would be comprised of information the bank already has on hand.
As a consequence, the FDIC is most likely to use a bridge bank structure in the resolution of a Covered institution, although a pay-off or a purchase and assumption transaction remain possibilities.
These options are being considered only for Covered institutions.The definition of a Covered institution is being actively considered.
Benefits will be paid for Covered Drugs dispensed pursuant to Prescription Order or Refill while the Member is not confined to a hospital, facility for the treatment of alcohol abuse or other Covered institution.