Bank Act definition

Bank Act means the Bank Act (Canada);

Bank Act means the Bank Act (Canada), as amended from time to time.

Bank Act means ORS chapters 706 to 716.

Examples of Bank Act in a sentence

• The Modernization Act amended section 10(a) of the Bank Act to provide that a Bank may make long-term advances not only for the purpose of providing funds for residential housing finance, but also for the purpose of providing funds to any CFI for small businesses, small farms and small agri- businesses.

• The Federal Home Loan Bank System (Bank System) comprises twelve regional Banks that are instrumentalities of the United States organized under the authority of the Federal Home Loan Bank Act (Bank Act).

• On November 12, 1999, the President signed into law the Federal Home Loan Bank System Modernization Act of 1999 (Modernization Act) 1 which, among other things, amended the Bank Act by providing smaller lenders with greater access to membership in the Bank System and greater access to Bank advances.

• New CFI-Eligible Collateral The Modernization Act amended the Bank Act to allow CFI members to pledge new types of collateral as security for advances, specifically, secured loans for small business or agriculture, or securities representing a whole interest in such secured loans.

• Section 10(a) of the Bank Act formerly provided that all long-term advances shall be made only for the purpose of providing funds for residential housing finance.

More Definitions of Bank Act

Bank Act means the Federal Home Loan Bank Act (12 U.S.C 1421, et seq.), as amended from time to time.

Bank Act means the Bank Act (Canada) and any statute hereafter enacted in substitution therefor, as such Act, or substituted Act, may be amended from time to time;

Bank Act means the National Consumer Cooperative Bank Act, 12 U.S.C. sx.xx. 3001-3051, and any regulations and policies adopted thereunder.

Bank Act means the Bank Act (Canada), and any successor statute thereto, in each case as amended from time to time.

Bank Act means the Bank Act (Canada), S.C. 1991, c. 46, as amended;

Bank Act means the Bank Act, S.C. 1991, c. 46, including the regulations made thereunder and in force under that Act from time to time.

Bank Act means the Bank Act of Canada, 29 Elizabeth II, Chapter 40, Xxxxxxxx xx Xxxxxx, 1980, and any Act that may be substituted therefor, as from time to time amended; and reference to a particular section of the Bank Act includes reference to a section of similar effect in any such substituted or amended Act;