LIMITED LIABILITY COMPANIES: FDIC Adopts Final Rule on Federal Deposit Insurance Eligibility for State Banks Chartered as Limited Liability Companies (Part 303 of FDIC's Rules and Regulations)

doi:s://www.fdic.gov/

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LIMITED LIABILITY COMPANIES: FDIC Adopts Final Rule on Federal Deposit Insurance Eligibility for State Banks Chartered as Limited Liability Companies (Part 303 of FDIC's Rules and Regulations)

02/13/2003
Inactive Financial Institution Letters (FILs)

[PDF-697.05 KB]

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Details:

Publisher's site:

https://www.fdic.gov/
Corporate Authors:

Federal Deposit Insurance Corporation (FDIC)
Description:

A new amendment to Part 303 of the FDIC's Rules and Regulations clarifies that a state bank that is chartered as a limited liability company could be considered "incorporated" for the purposes of being eligible for federal deposit insurance.
Subject:

[+]

Applications, Notices and Filings
Dataset Download URL:

https://www.fdic.gov/news/financial-institution-letters/2003/fil0313.html
Format:

PDF
Release Date:

02/13/2003
Update Date:

11/13/2018
Withdrawn Date:

12/01/2018
Agencies Involved:

Federal Deposit Insurance Corporation (FDIC)
Fdic Employee Involved:

Michael J. Zamorski
Related Regulation:

12 CFR Part 303
Source:

FDIC Website
Memorandum To:

FDIC-Supervised Banks (Commercial and Savings)
Effective Date:

03/17/2003
FIL Number:

FIL-13-2003
Main Document Checksum:

[+]

urn:sha256:1b3d0ebece578ebc9804e57b1a3a1be194fe8cf1d9c02038348220761ca27974
Download URL:

https://archive.fdic.gov/view/fdic/8581/fdic_8581_DS1.pdf
File Type:

No Additional Files

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LIMITED LIABILITY COMPANIES: FDIC Adopts Final Rule on Federal Deposit Insurance Eligibility for State Banks Chartered as Limited Liability Companies (Part 303 of FDIC's Rules and Regulations)

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