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Federal Deposit Insurance Act

12 USC 1811 et seq.; 64 Stat. 873 (September 21, 1950)
  • Section
  • 3
    Definitions
  • 4
    Admission of banks to federal deposit insurance
  • 6
    Factors to be considered
  • 7
    Assessments; reports
  • 8
    Termination of status as insured depository institution
  • 10
    Administration of corporation 
  • 13
    Corporation monies
  • 18
    Regulations governing insured banks
  • 19
    Penalty for unauthorized participation by convicted individual
  • 21
    Retention of records by insured depository institutions
  • 24
    Activities of insured state banks
  • 26
    Assuring consistent oversight of subsidiaries of holding companies
  • 32
    Agency disapproval of directors and senior executive officers of insured depository institutions or depository institution holding companies
  • 33
    Depository institution employee protection remedy
  • 35
    Coordination of risk analysis between SEC and federal banking agencies
  • 36
    Early identification of needed improvements in financial management
  • 37
    Accounting objectives, standards, and requirements
  • 38
    Prompt corrective action
  • 38A
    Source of strength
  • 39
    Standards for safety and soundness
  • 41
    Payments on foreign deposits prohibited
  • 42
    Notice of branch closure
  • 44
    Interstate bank mergers
  • 45
    Authority of state insurance regulator and Securities and Exchange Commission
  • 46
    Safety and soundness firewalls applicable to financial subsidiaries of banks
  • 47
    Insurance customer protections
  • 48
    CRA Sunshine requirements
  • 50
    Enforcement of agreements

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