lead insured depository institution
Defined in 1 place of the United States Code.
In general.—The term "lead insured depository institution" means the largest insured depository institution controlled by the subject bank holding company at any time, based on a comparison of the average total risk-weighted assets controlled by each insured depository institution during the previous 12-month period.
Source
- 1996–201512 U.S.C. § 1841Banks and Banking · Definitions · for purposes of this chapter
The term “lead insured depository institution” means the largest insured depository institution controlled by the subject bank holding company at any time, based on a comparison of the average total risk-weighted assets controlled by each insured depository institution during the previous 12-month period.
Source
- 2013–present12 U.S.C. § 1841Banks and Banking · Definitions · for purposes of this chapter