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Insured account:

Section Page Accounts eligible----

405 (a)

43 Building and loan associations

403 (a)

41 Cooperative banks.

403 (a)

41 Definition ---

401 (c)

39 Federal savings and loan associations

403 (a)

41 Homestead associations

403 (a)

41 Payment of

405

43-44 Reserve of applicant, basis

403 (b)

41-42 Reserve fund of Corporation, basis

404 (a)

42-43 Savings and loan associations.

403 (a) Surrender of --

406 (b)

45 Insured institution: Application by-

403 (b)

41-42 Building and loan associations.

403 (a)

41 Cooperative banks..

403 (a)

41 Default

405 (b) 43-44 Definition -

401 (a)

39 Effective date..

403 (c)

42 Eligibility

403

41-42 Federal savings and loan associations

403 (a)

41 Fifty-mile limit.

403 (b)

41-42 Homestead associations

403 (a)

41 Ineligible institutions.

403 (c)

42 Insurance premium--

404

42-43 Insurance by Corporation.

402 (a)

39 Issuance of securities

403 (b)

41-42 Liquidation --

406

44-45 Operating expenses, assessment for

404 (b)

43 Payment of insurance.

405

43-44 Premium for insurance

404

42-43 Reserves, establishment of

403 (b)

41-42 Savings and loan associations.

403 (a)

41 Securities, issuance..

403 (b)

41-42 Termination.

407

45 Insured member: Amount of insurance.

405 (a)

43 Cost of insurance.

404

42-43 Definition

401 (b)

39 Dividends, payment by institution.

403 (b) 41-42 Fifty-mile limit.

403 (b) 41-42 Notice to, in liquidation.

405 (b) 43-44 Notice to, termination of insurance.

407 (a)

45 Operating expenses, assessment for

404 (b)

43 Payment of insurance to..

405 (b) 43-44 Premium charge, basis.

404 (a)

42-43 Surrender of insured account.

405 (b)

43-44 Termination of insurance

407

45 L Liquidation of insured institutions: Accounts in new institution.

406 (a)

44 Accounts in another institution.

406 (a)

44 Assets, disposal of...

406 (b), (c) 44 Compromise of claims.

406 (d)

45 Congress, report to--

406 (e)

45 Conservator, Corporation appointed.

406 (b), (c) 44 Court, regulation by

406 (c), (d) 44, 45 Credit obligations

406 (b) 44 Distribution of assets_

406 (b), (c), (d) 44, 45 Federal savings and loan associations-

406 Institutions other than Federal savings and loan associations..

406 (c)

44 Insured members, payment to

406 (a), (b), (c) 44 Merger.

406 (b)

44 New Federal savings and loan associations, organization of. 406 (a), (b) 44 Powers of Corporation.--.

406

44-45

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44 45

Section Page Liquidation of insured institutions—Continued. Purchase of assets and contribution not to exceed expense of 406 (f)

45 Receiver, Corporation appointed..

406 (b),(c) 44 Reimbursement to Corporation.

406 (b)

44 Report to Congress..

406 (e)

45 Settlement of claims.--

406 (d)

M Mails, free use of, by Corporation.--

402 (c) 40 Money: Borrow, power of Corporation to.---.

402 (d) 40 Deposit of money by Corporation

402 (d)

40 Investment in United States bonds, etc.

402 (d)

40 Public moneys, Corporation an authorized depositary of 402 (d) 40

N Necessary expenses, Corporation to determine.-

402 (c)

40 Notes. (See Bonds.)

P
Power of Corporation:
Application for insurance.

403 (b) 41-42 Bonds, issuance of..

402 (d)

40 Borrow money

402 (d)

40 Carry on business of institutions in default.

406 (d)

45 Compromise claims..

406 (d)

45 Contracts, make..

402 (c)

40 Custodian, default institutions..

406 (b),(c) 44 Depositary, public money

402 (d)

40 Employ officers and agents.

402 (c)

40 Federal savings and loan associations, organization of 406

44-45 Insurance of accounts..

403, 405 41-42, 43-44 Liquidation of institutions.

406

44-45 Payment of insurance

405

43-44 Receiver, qualify as.

403 (b), (c) 41-42 Seal, corporate--

402 (c) (1) 40 Succession.

402 (c) (2) 40 Sue and be sued.

402 (c) (4) 40 Terminate insurance

407

45 Payment of insurance: Cash, amount of ..

405 (b) 43-44 Certificate by Corporation.

405 (b) 43-44 Debentures, part payment

405 (b) 43-44 Method of payment.

405 (b) 43-44 New account, payment by

405 (b) 43-44 Surrender of account.

405 (b)

43-44 Time of payment.--.

405 (b) 43-44 Penalties: Abstracting securities, etc.

512 (c)

46 Alterations.

512 (b)

46 Assignment, false

512 (c)

46 Attempt to pass or utter falsely.

512 (b)

46 Counterfeiting

512 (b)

46 Coupon, false uttering or passing

512 (b) Embezzlement.

512 (c)

46 Extension, false statement.

512 (a)

46 False entry

512 (c)

46 False statement.

512 (a), (c) Fines..

512

46 Forgery

512 (b)

46 Intent to defraud.

512

46 Misapplication of funds.

512 (c)

46 Obligation, false uttering, etc.

512 (b)

46 Overvaluation.-

512 (a)

46 Passing forged or altered instrument.

512 (b) Security, willfully overvaluing

512 (a)

46 Substitution, false...

512 (c)

46 Uttering forged or altered instrument..

512 (b)

46

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46

46

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46

Prii

UNIVERSITY OF MINNESOTA

3 1951 DO3 595207 3

Page

43
42,-43

43

Section
Premiums on insurance:
Additional assessment..

404 (b)

404 (a)
Amount of annual premium..

404 (c)
Credited with excess payments.-

404 (a)
Duration of assessment.

404 (c)
Payment of excess.
Prevent default by purchase of assets or contribution to in-
stitutions.

406 (f)

406 (f)
Purchase of assets of institutions in default...

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42-43

43

45
45

R

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Real estate:

Loans on.--

Taxation, no exemption from.
Receiver, appointment of..
Reimbursement of Corporation.-
Reserves:
Corporation:

Amount.
Assessment for operation.-
Deficiency
Excess.

Premium rate.
Member institutions:

Amount.
Dividends.
Losses.in
Time for building up-

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S
Securities:
Definite maturity.

403 (b) 41-42
Definite return...

403 (b) 41-42
Embezzlement of.

512 (c)

46
Kind institutions may issue.

403 (b) 41-42
Power of Corporation to issue.

402 (d) 40
Stock, capital.---

402 (b)

39

44
Subrogation of Corporation to surrendered insured accounts.. 406 (b)
Surrender of insured accounts to Corporation..

406 (b)

44
T
Taxation:
Bonds, exemption of -

402 (e) 40-41

402 (e) 40-41
Debentures, exemption of
Estate tax.

402 (e)

40-41
Gift tax...

402 (e)

40-41
Inheritance tax.

402 (e) 40-41
Insurance Corporation capital, surplus, and reserves ex-
empt.----

402 (e) 40-41
402 (e)

40-41
Real estate, not exempt.-
Termination of insurance:
Advertisement, unlawful..

407 (b)

45
Five years, insurance continues

407 (b)
Insured members, continuance of insurance.

407 (a)
Insured members, notice to...

407 (a)

45
Involuntary-

407 (b)

45
Misrepresentation as to status.

407 (b)

45
Notice to Corporation.

407 (a)

45
Notice to members.

407 (a)

45
Premium, obligation to continue.

407 (a), (b) 45
407 (a)

45
Three years, obligation continues..
Violation of regulations..

407 (b)

45
Voluntary--

407 (a)

45
Transfer of insured accounts to Corporation.

406 (b)

44
Trustees, Board of.

402 (a)

39
U
Use of mails by Corporation, free.

402 (c)

40
O

45
45

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