,i #aac? ,,congress #b;d ,session ,h4 ,r4 #deeg ,,9 ,,! ,,h\se ,,( ,,repres5tatives ,may #a1 #bjad ,mr4 ,posey introduc$ ! foll[+ bill2 :i* 0 ref]r$ to ! ,committee on ,f9ancial ,s]vices ,a ,,bill ,to am5d ! ,f$]al ,deposit ,insurance ,act to provide = notice to1 & input by1 ,/ate insurance commission]s :5 requir+ an insurance company to s]ve z a s\rce ( f9ancial /r5g? pursuant to su* ,act4 #a4 ,%ort title ,?is ,act may be cit$ z ! ,policyhold] ,protection ,act ( #bjad4 #b4 ,s\rce ( /r5g? ,section #ch;,a ( ! ,f$]al ,deposit ,insurance ,act 7#ab ,u4,s4,c4 #ahcao-#a7 is am5d$-- 7#a7 by r$esignat+ subsections 7c71 7d71 & 7e7 z subsections 7d71 7e71 & 7f71 respectively2 & 7#b7 by ins]t+ aft] subsection 7b7 ! foll[+3 7c7 ,au?ority ( ,/ate ,insurance ,regulator 7#a7 ,9 g5]al ,! provisions ( section #e7;g7 ( ! ,bank ,hold+ ,company ,act ( #aief 7#ab ,u4,s4,c4 #ahdd7;g77 %all apply to a sav+s & loan hold+ company t is an insurance company1 an affiliate ( an insur$ depository in/itution t is an insurance company1 & to any o!r company t is an insurance company & t directly or indirectly controls an insur$ depository in/itution1 to ! same ext5t z su* section #e7;g7 applies to a bank hold+ company t is an insurance company4 7#b7 ,rule ( con/ruction ,requir+ a bank hold+ company t is an insurance company1 a sav+s & loan hold+ company t is an insurance company1 an affiliate ( an insur$ depository in/itution t is an insurance company1 or any o!r company t is an insurance company & t directly or indirectly controls an insur$ depository in/itution to s]ve z a s\rce ( f9ancial /r5g? "u ?is section %all be deem$ an action ( ! ,bo>d t requires a bank hold+ company to provide funds or o!r assets to a subsidi>y depository in/itution = purposes ( su* section #e7;g74 4