source of financial strength
Defined in 1 place of the United States Code.
In this section, the term “source of financial strength” means the ability of a company that directly or indirectly owns or controls an insured depository institution to provide financial assistance to such insured depository institution in the event of the financial distress of the insured depository institution.
Source
- 2010–present12 U.S.C. § 1831o-1Banks and Banking · Source of strength · in this section