Publisher's Synopsis
Excerpt from Housing and Urban-Rural Recovery Act of 1982, Vol. 2: Hearings Before the Subcommittee on Housing and Community Development of the Committee on Banking, Finance and Urban Affairs, House of Representatives, Ninety-Seventh Congress, Second Session; March 18 and 23, 1982; Serial No. 97-53
During the two-year period following the date on which the Corporation purchases capital participation notes from a qualified insured bank, the Corporation, on a quarterly basis, may make earnings stabilization payments to such qualified insured bank in an amount equal to the cam ings losses incurred by such qualified insured bank during the previous quarter.
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