21-74 How could insurance companies get around the restrictive provisions imposed by the bank holding company act of 1956?
A) Through the organizational mechanism of establishing nonbank bank subsidiaries.
B) By opening federally chartered thrifts.
C) By offering credit-related life,accident,health,or unemployment loans.
D) By buying a full-service bank and then divesting its demand deposits or commercial loans.
E) Answers A and D only.
Correct Answer:
Verified
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