Examples of HOLA in a sentence
If theproposal also involves the acquisition of a nonbanking company, the review also includes whether the acquisition of the nonbanking company complies with the standards in section 10(c)(4)(B) of the HOLA (12 U.S.C. 1467a(c)(4)(B)).
Interested persons may express their views in writing on the standards enumerated in the HOLA (12 U.S.C. 1467a(e)).
In particular, the MHC will be subject to the limitations and restrictions imposed on savings and loan holding companies by Section 10(o)(5) of the HOLA.
Indicate whether the reporting institution has been in compliance with the HOLA QTL test as of each month end during the quarter ending with the report date or the IRS DBLA test for its most recent taxable year, as applicable.
Under the HOLA QTL test, an institution must hold “Qualified Thrift Investments” equal to at least 65 percent of its portfolio assets.