jan 2, 1956 - Bank Holding Company Act of 1956
Description:
Prohibits bank holding companies headquartered in one state from acquiring a bank in another state unless that other state's laws authorize the acquisition—thus leaving control of bank holding companies to the states.
Prohibits the expansion of bank holding companies into "non-banking" activities through affiliates.
Added to timeline:
PLEASE SAVE I SWEAR TO GOD
Date:
