H.R.4565 - Loans to One Borrower Transition Rule Act of 1990101st Congress (1989-1990)
|Sponsor:||Rep. Hoagland, Peter [D-NE-2] (Introduced 04/19/1990)|
|Committees:||House - Banking, Finance, and Urban Affairs|
|Latest Action:||House - 05/01/1990 Referred to the Subcommittee on Financial Institutions Supervision, Regulation and Insurance. (All Actions)|
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Summary: H.R.4565 — 101st Congress (1989-1990)All Information (Except Text)
Introduced in House (04/19/1990)
Loans to One Borrower Transition Rule Act of 1990 - Amends the Home Owners' Loan Act to establish a transition period during which specified limits apply to total loans and credit extensions offered by savings associations to any one borrower.
Requires the Director of the Office of Thrift Supervision to prescribe regulations to implement this Act.