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Which of the Following Laws Required That a Bank or a Thrift

Question 102

Multiple Choice

Which of the following laws required that a bank or a thrift be closed if its ratio of tangible equity capital to total assets fell below two percent for more than 90 days?


A) Federal Deposit Insurance Corporation (FDIC)
B) Riegle-Neal Interstate Banking and Branching Efficiency Act
C) Federal Deposit Insurance Corporation Improvement Act (FDICIA)
D) Financial Institutions Reform, Recovery and Enforcement Act
E) Garn-St Germain Depository Institutions Act

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