Deposit Insurance Act

Federal act creating Federal Deposit Insurance Corporation (F.D.I.C.) to insure deposits of qualifying banks. 12 U.S.C.A. No. 1811 et seq.

Black's law dictionary. . 1990.

Look at other dictionaries:

  • Federal Deposit Insurance Act — (FDIA) USA The federal statute that, among other things: • Establishes and sets the powers, responsibilities, and administration of the Federal Deposit Insurance Corporation (FDIC). • …   Law dictionary

  • Deposit insurance — Experiences from bank runs during the Great Depression led to the introduction of deposit insurance in the US …   Wikipedia

  • Risk-Based Deposit Insurance — Deposit insurance with premiums that reflect how prudently banks behave when investing their customers deposits. The idea is that flat rate deposit insurance shelters banks from their true level of risk taking and encourages poor decision making… …   Investment dictionary

  • Federal Deposit Insurance Corporation — FDIC …   Wikipedia

  • Korea Deposit Insurance Corporation — The Korea Deposit Insurance Corporation (KDIC) is a deposit insurance corporation, established in 1996 in South Korea to protect depositors and maintain the stability of the financial system. The major functions of KDIC can be classified into… …   Wikipedia

  • Federal Deposit Insurance Reform Act — The Federal Deposit Insurance Reform Act (Title II, subtitle B of USStatute|109|171|110|9|2006|02|08, with a companion statute, Federal Deposit Insurance Reform Conforming Amendments Act of 2005, USStatute|109|173|119|3601|2006|02|15), is an Act… …   Wikipedia

  • Nigeria Deposit Insurance Corporation — Formation 15 June 1988 Type Regulatory body Purpose/focus Provide security in the banking industry Official languages English Managing Director/CEO …   Wikipedia

  • Canada Deposit Insurance Corporation — (CDIC) is a Crown corporation owned by the Government of Canada.As a federal agency, it provides insurance (up to a $100,000 CAD per person on Canadian accounts only) for financial services provided by chartered Canadian banks and financial… …   Wikipedia

  • Federal Deposit Insurance Corporation — 38° 53′ 50″ N 77° 02′ 24″ W / 38.8971, 77.0401 …   Wikipédia en Français

  • Federal Deposit Insurance Corporation Improvement Act of 1991 — The Federal Deposit Insurance Corporation Improvement Act of 1991 (FDICIA), passed during the Savings and loan crisis, strengthened the power of the Federal Deposit Insurance Corporation.It allowed the FDIC to borrow directly from the Treasury… …   Wikipedia

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