Critically undercapitalized definition
Critically undercapitalized means, with respect to a public depository, "critically undercapitalized" as the term is defined in subsection (b) of section 38 of the "Federal Deposit Insurance Act," Pub.L.81-797 (12 U.S.C. s.1831o(b)), or subsection (c) of section 216 of title II of the "Federal Credit Union Act," Pub.L.73-467 (12 U.S.C. s.1790d(c)), as applicable, and their implementing regulations;
Critically undercapitalized means, with respect to a public
Critically undercapitalized means the paid‑in capital, retained earnings and undivided profits of the Wyoming financial institution are less than two percent (2%) of the total assets of the financial institution;
More Definitions of Critically undercapitalized
Critically undercapitalized means, with respect to a public depository, “critically undercapitalized” as the term is defined in N.J.S.A. 17:9-41.