[Congressional Bills 103th Congress]
[From the U.S. Government Publishing Office]
[S. 1632 Introduced in Senate (IS)]

103d CONGRESS
  1st Session
                                S. 1632

 To extend the effectiveness of an exemption from the requirements of 
         the Depository Institution Management Interlocks Act.


_______________________________________________________________________


                   IN THE SENATE OF THE UNITED STATES

             November 8 (legislative day, November 2), 1993

    Mr. Cochran (for himself, Mr. Specter, Mr. Lott, and Mr. Ford) 
introduced the following bill; which was read twice and referred to the 
            Committee on Banking, Housing, and Urban Affairs

_______________________________________________________________________

                                 A BILL


 
 To extend the effectiveness of an exemption from the requirements of 
         the Depository Institution Management Interlocks Act.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION. 1. DEPOSITORY INSTITUTION MANAGEMENT INTERLOCKS EXEMPTION.

    (a) Extension.--Section 206 of the Depository Institution 
Management Interlocks Act (12 U.S.C. 3205) is amended--
            (1) in subsection (a), by striking ``for a period of 15 
        years after the date of enactment of this title''; and
            (2) in subsection (b), by striking ``This subsection shall 
        expire 15 years after the date of enactment of this title.''.
    (b) Effective Date.--The amendments made by subsection (a) shall be 
effective on November 1, 1993.

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