Statement by J. Charles Partee, September 11, 1985; member, Board of Governors of the Federal Reserve System, before the Subcommittee on Financial Institutions Supervision, Regulation and Insurance, Committee on Banking, Finance and Urban Affairs, U.S. House of Representatives

Statement by J. Charles Partee, September 11, 1985; member, Board of Governors of the Federal Reserve System, before the Subcommittee on Financial Institutions Supervision, Regulation and Insurance, Committee on Banking, Finance and Urban Affairs, U.S. House of Representatives

Commenting on the "South Dakota loophole," a recent South Dakota law that authorizes out-of-state bank holding companies to acquire state-chartered banks in the state and engage in the insurance business through them.

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Bibliographische Detailangaben
Veröffentlicht in:Federal reserve bulletin 1985-11, Vol.71, p.874-877
1. Verfasser: Partee, J Charles
Format: Artikel
Sprache:eng
Schlagworte:
Banking
Banking sector
Consolidation and mergers
Holding companies
Insurance selling
South Dakota
United States
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Zusammenfassung:Commenting on the "South Dakota loophole," a recent South Dakota law that authorizes out-of-state bank holding companies to acquire state-chartered banks in the state and engage in the insurance business through them.
ISSN:0014-9209