eligible insured depository institution
Defined in 1 place of the United States Code.
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).
Source
- 2006–present12 U.S.C. § 1817Banks and Banking · Assessments · under this section