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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Public Domain
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02/13/2003
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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.
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Release Date:02/13/2003
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Update Date:11/13/2018
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Withdrawn Date:12/01/2018
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Agencies Involved:Federal Deposit Insurance Corporation (FDIC)
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Fdic Employee Involved:Michael J. Zamorski
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Related Regulation:12 CFR Part 303
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Source:FDIC Website
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Memorandum To:FDIC-Supervised Banks (Commercial and Savings)
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Effective Date:03/17/2003
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FIL Number:FIL-13-2003
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Main Document Checksum:urn:sha256:1b3d0ebece578ebc9804e57b1a3a1be194fe8cf1d9c02038348220761ca27974
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