Finance & markets · 23/07/2002Updated: 10/17/2026 · 1 min read

Insurance of State Banks Chartered as Limited Liability Companies

The FDIC proposes to issue a regulation clarifying that a State bank chartered as an LLC under State law meets the 'incorporated under State law' requirement for Federal deposit insurance, resolving recent inquiries about the matter.

Original source language: Federal Register — Federal Deposit Insurance CorporationOpen original release →

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