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Bank Holding Company Act SAM. EKON. ZAKON.

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Bank Holding Company Act

Bank Holding Company Act m. spol

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Under a 1982 amendment to the Bank Holding Company Act bank affiliates had been prohibited from underwriting most forms of insurance.

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The passage of the Bank Holding Company Act of 1956 prohibited banks from owning non-banking subsidiaries such as insurance companies.

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Under the Bank Holding Company Act of 1956, banks and other financial institutions are restricted from carrying out activities that do not relate to financial activities.

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The Bank Holding Company Act of 1956 prohibited interstate bank holding companies (although some existing companies were grandfathered).

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The Bank Holding Company Act favors shell holding companies.

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