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The Act That Allowed Bank Holding Companies to Acquire Nonbank

Question 78

Multiple Choice

The act that allowed bank holding companies to acquire nonbank depository institutions and convert them to branches is:


A) the National Banking Act.
B) the Garn-St Germain Act.
C) the Financial Institutions Reform,Recovery and Enforcement Act.
D) the Riegle-Neal Interstate Banking and Branching Efficiency Act.
E) None of the options are correct.

Correct Answer:

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