Industrial bank definition

Industrial bank means an institu- tion as defined in section 2(c)(2)(H) of the BHC Act (12 U.S.C. 1841(c)(2)(H)).

Industrial bank means a corporation or limited liability company conducting the

Industrial bank means a corporation or limited liability company conducting the business of an industrial bank under Chapter 8, Industrial Banks.

Examples of Industrial bank in a sentence

• Industrial bank" means a company organized under chapter 91 or having the powers possessed by companies so organized.[PL 1975, c.

• The subscriptions of the Industrial bank Wealth Management Products are made from the idle self-owned funds of the Group.

• The proposed rule would apply to industrial banks that, as of the effective date, become subsidiaries of companies that are Covered Companies, as such term is defined in § 354.2. Industrial bank subsidiaries of companies that are subject to Federal consolidated supervision by the FRB would not be covered by the proposed rule.

• Industrial bank defined.The term "industrial bank," as used in this Article shall be construed to mean any corporation organized or authorized under this Article which is engaged in receiving, soliciting or accepting money or its equivalent on deposit and in lending money to be repaid in weekly, monthly, or other periodical installments or principal sums as a business: Provided, however, this definition shall not be construed to include building and loan associations, commercial banks, or credit unions.

• Industrial bank" means a company organized under chapter 91 or having the powers possessed by companies so organized.[ 1975, c.

More Definitions of Industrial bank

Industrial bank means a corporation organized for the purpose of engaging in the industrial banking business.

Industrial bank means any insured State bank that is an industrial bank, industrial loan company, or other similar institution that is excluded from the definition of the term “bank” in section 2(c)(2)(H) of the Bank Holding Company Act, 12 U.S.C. 1841(c)(2)(H).

Industrial bank means a corporation organized under Title 9, Part 5 as repealed on October 1, 1975 and which was, on or before June 1, 1967, making loans and selling certificates of investment, either of fixed or uncertain term, and receiving payments in installments or otherwise, with or without an allowance of interest upon these installments. [RR 1997, c. 2, §38 (COR).]

Industrial bank means a person organized and registered as an industrial bank pursuant to this chapter, engaged in the business of making loans and imposing the interest and loan charges authorized under this chapter, that issues thrift certificates and that is also examined, supervised and liquidated as a state bank under this title.” (Ibid. [8])

Industrial bank means a corporation organized for the

Industrial bank shall have the meaning specified in Section 8.1(a).

Industrial bank. ’ means Industrial Bank Co., Ltd., Nanjing West Beijing Road