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eligible insured depository institution

Defined in 1 dictionary — U.S. Code

United States Code

12 U.S.C. § 1817 — under this section

For purposes of this paragraph, the term “eligible insured depository institution” means any insured depository institution that—

(i) was in existence on December 31, 1996, and paid a deposit insurance assessment prior to that date; or

(ii) is a successor to any insured depository institution described in clause (i).