Examples of Banking Commission in a sentence
Late Payment Charges are calculated by multiplying all Delinquent Charges then outstanding by the allocable portion of the annual interest rate established by the City Council following a recommendation from the Banking Commission for unpaid real estate taxes on properties where the assessed value is $250,000 or less and the property is not vacant land.
Upon receipt at of the principal amount of the Subordinated Notes, the Company will either invest the principal amount received in other Eligible Investments or, if the Company elects to redeem the Company Preferred Securities at such time (subject to having received prior approval of the Swiss Federal Banking Commission to do so, if then required), apply such amount to the redemption price of the Company Preferred Securities.
The fund contract was drawn up by UBS Fund Management (Switzerland) AG as fund management company and presented to the then Swiss Federal Banking Commission (SFBC) with the approval of UBS AG in its capacity as custodian bank.
Its activities are regulated by the Banco de México ("Central Bank") and by the National Banking and Securities Commission (the "Banking Commission").
Failure of the State Banking Commission to act within 30 days of receipt of notice of appeal shall constitute a final decision of the State Banking Commission approving the decision of the Commissioner.
The notice of appeal shall specifically state the grounds for appeal and, in the case of an appeal from a contested case proceeding before the Commissioner, shall set forth in numbered order the assignments of error for review by the Banking Commission.
In the declaration of control to the Banking Commission it is said clearly that the shareholder is a family group.
Failure to comply with the briefing schedule as provided by the Banking Commission shall also constitute grounds to dismiss the appeal.
The cash flow rights, which reflect the actual equity stake, owned by an ultimate shareholder are often substantially lower than his control rights.List of references Banking Commission (1989).
Peoples Bank (the “Bank”) commenced business in 1912 upon receipt of its banking charter from the North Carolina State Banking Commission (the “SBC”).