FDI Act definition

FDI Act means the Federal Deposit Insurance Act and the regulations promulgated thereunder.
FDI Act means the Federal Deposit Insurance Act, as amended or recodified.

Examples of FDI Act in a sentence

  • International Banking Facilities (IBFs) of other depository institutions in the U.S. Deposits: The basic statutory and regulatory definitions of "deposits" are contained in Section 3(l) of the Federal Deposit Insurance Act (FDI Act) and in Federal Reserve Regulation D.

  • The capital restoration plan shall include all of the information required to be filed under section 38(e)(2) of the FDI Act.

  • The report is to consist of a review of the agency’s supervision of the institution, including the agency’s implementation of FDI Act section 38, Prompt Corrective Action (PCA); a determination as to why the institution’s problems resulted in a material loss to the DIF; and recommendations to prevent future losses.

  • When the DIF incurs a material loss with respect to an insured depository institution for which the FDIC is appointed receiver, the FDI Act states that the Inspector General of the appropriate federal banking agency shall make a written report to that agency.

  • The Bank shall comply fully with the provisions of section 38(d)(1) of the FDI Act (12 U.S.C. § 1831o(d)(1)) restricting the making of any capital distributions, including, but not limited to, the payment of dividends.


More Definitions of FDI Act

FDI Act means the Federal Deposit Insurance Act of 1950, as amended.
FDI Act has the meaning given to it in Section 3.1(b).
FDI Act means the Federal Deposit Insurance Act, as the same may be amended from time to time, and the corresponding provisions of any successor statute.
FDI Act means the Federal Deposit Insurance Act, 12 U.S.C. 1811, et seq.
FDI Act means the Federal Deposit Insurance Act of 1950.
FDI Act means the United States' Federal Deposit
FDI Act as defined in Section 6.1(d).