Page:United States Statutes at Large Volume 110 Part 4.djvu/580

 110 STAT. 3009-417 PUBLIC LAW 104-208—SEPT. 30, 1996 SEC. 2226. ELIMINATION OF STOCK LOAN REPORTING REQUIREMENT. Section 7(j) of the Federal Deposit Insurance Act (12 U.S.C. 1817(j)) is amended— (1) in paragraph (9)(A)— (A) by striking "financial institution and any affiliate of any financial institution" and inserting "foreign bank, or any affiliate thereof,"; and (B) by striking "by the financial institution and such institution's affiliates" and inserting "by the foreign bank or any affiliate thereof; (2) in paragraph (9)(B)— (A) by striking "paragraph—" and inserting "paragraph, the following definitions shall apply:"; (B) by striking clause (i) and inserting the following: "(i) FOREIGN BANK.— The terms 'foreign bank' and 'affiliate' have the same meanings as in section 1 of the International Banking Act of 1978."; and (C) in clause (iii), by striking "financial institution" and inserting "foreign bank or any affiliate thereof; (3) in paragraph (9)(C)— (A) by striking "financial institution or any of its affiliates" and inserting "foreign bank or any affiliate thereof; and (B) by striking "financial institution or its affiliates" and inserting "foreign bank or any affiliate thereof; (4) in paragraph (9)(D)— (A) in clause (i)— (i) by striking "the financial institution and all affiliates of the institution" and inserting "the foreign bank and all affiliates thereof; and (ii) by striking "financial institution or any such affiliate" and inserting "foreign bank or adffiliate thereof; (B) in clause (ii), by striking "financial institution and any affiliate of such institution" and inserting "foreign bank and any affiliate thereof; and (C) in clause (iii), by striking "financial institution" and inserting "foreign bank or any affiliate thereof; and (5) in paragraph (9)(E)— (A) in clause (i)— (i) by striking "a financial institution and the affiliates of such institution" and inserting "a foreign bank or any affiliate thereof; and (ii) by striking "institution or affiliate" each place such term appears and inserting "foreign bank or any affiliate thereof; and (B) in clause (ii), by striking "financial institution and any affiliate of such institution" and inserting "foreign bank and any affiliate thereof. 12 USC 252. SEC. 2227. CREDIT AVAILABILITY ASSESSMENT. (a) STUDY.— (1) IN GENERAL. —Not later than 12 months after the date of enactment of this Act, and once every 60 months thereafter, the Board, in consultation with the Director of the Office of Thrift Supervision, the Comptroller of the Currency, the Board of Directors of the Corporation, the Administrator of the

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