Industrial Loan Companies/Banks and the Separation of Banking and Commerce : Perspectives and Legislation in the 108th Congress.

Format:

Book

Government document

Author/Creator:

Library of Congress. Congressional Research Service.

Language:

English

Subjects (All):

Banks and banking.

Financial institutions.

Interstate commerce.

Physical Description:

1 online resource (15 pages, digital, PDF file)

Place of Publication:

[Place of publication not identified] : [publisher not identified], 2004.

System Details:

text file

Summary:

Addresses controversy over the expansion of industrial loan companies (ILCs), which are State-chartered and State-regulated depository institutions; and covers issues surrounding their inclusion in H.R. 758 and H.R. 1375, to allow ILCs to maintain and pay interest on business checking accounts, and open new branches across State lines. Provides historical overview of the separation of banking and commerce; examines the nature of ILCs and their regulation; and describes relevant legislation in the 108th Congress.

Notes:

Record is based on bibliographic data in ProQuest U.S. Congressional Research Digital Collection (last viewed Nov. 2010). Reuse except for individual research requires license from ProQuest, LLC.

CRS Report.

Other Format:

Microfiche version: Library of Congress. Congressional Research Service. Industrial Loan Companies/Banks and the Separation of Banking and Commerce

Access Restriction:

Restricted for use by site license.