An agreement to allow competition from certain geographic areas,usually in return for the ability to compete within those areas,is
A)a federal charter.
B)an integrated agreement.
C)a holding company agreement.
D)an interstate banking pact.

Question

Quizplus · Accepted Answer

An interstate banking pact is an agreement between two or more states to allow banks from those states to compete within each other's borders. This is usually done in exchange for allowing banks from other states to compete in their own state.

An Agreement to Allow Competition from Certain Geographic Areas,usually in Return