H.R.2727 - Financial Transparency Restoration Act

To provide for the implementation of a system under which each financial institution will report on the financial condition of the institution to the public, and for other purposes. view all titles (2)

All Bill Titles

  • Official: To provide for the implementation of a system under which each financial institution will report on the financial condition of the institution to the public, and for other purposes. as introduced.
  • Short: Financial Transparency Restoration Act as introduced.

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Introduced
 
House
Passes
 
Senate
Passes
 
President
Signs
 

 
06/04/09
 
 
 
 
 
 
 

Official Summary

Financial Transparency Restoration Act - Requires each financial institution to publish, within 30 days after the end of each fiscal quarter, a statement of its financial condition in a newspaper of general paid circulation published in a city or county within each of its market areas. Requ

Official Summary

Financial Transparency Restoration Act - Requires each financial institution to publish, within 30 days after the end of each fiscal quarter, a statement of its financial condition in a newspaper of general paid circulation published in a city or county within each of its market areas. Requires such financial statements to include a written verification of the accuracy of the statement, under oath or by affirmation, by the president of the financial institution or another officer designated by its board of directors.

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