Page:United States Statutes at Large Volume 110 Part 4.djvu/661

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PUBLIC LAW 104-208—SEPT. 30, 1996 110 STAT. 3009-498 (B) recommendations of the Secretary with regard to the establishment of a common charter for insured depository institutions (as defined in section 3 of the Federal Deposit Insurance Act); and (C) such recommendations for legislative and administrative action as the Secretary determines to be appropriate to implement the recommendations of the Secretary under subparagraph (B). SEC. 2710. DEFINITIONS. 12 USC 1821 For purposes of this subtitle, the following definitions shall apply: (1) BANK INSURANCE FUND.—The term "Bank Insurance Fund" means the fund established pursuant to section (ll)(a)(5)(A) of the Federal Deposit Insurance Act, as that section existed on the day before the date of enactment of this Act. (2) BIF MEMBER, SAIF MEMBER.— The terms "Bank Insurance Fund member" and "Savings Association Insurance Fund member" have the same meanings as in section 7(1) of the Federal Deposit Insurance Act. (3) VARIOUS BANKING TERMS. — The terms "bank", "Board of Directors", "Corporation", "deposit", "insured depository institution", "Federal savings association", "savings association", "State savings bank", and "State depository institution" have the same meanings as in section 3 of the Federal Deposit Insurance Act. (4) DEPOSIT INSLFRANCE FUND. —The term "Deposit Insurance Fund" means the fund established under section 11(a)(4) of the Federal Deposit Insurance Act (as amended by section 2704(d) of this subtitle). (5) DEPOSITORY INSTITUTION HOLDING COMPANY.—The term "depository institution holding company" has the same meaning as in section 3 of the Federal Deposit Insurance Act. (6) DESIGNATED RESERVE RATIO.— The term "designated reserve ratio" has the same meaning as in section 7(b)(2)(A)(iv) of the Federal Deposit Insurance Act. (7) SAIF. —The term "Savings Association Insurance Fund" means the fund established pursuant to section 11(a)(6)(A) of the Federal Deposit Insurance Act, as that section existed on the day before the date of enactment of this Act. (8) SAIF-ASSESSABLE DEPOSIT.— The term "SAIF-assessable deposit"— (A) means a deposit that is subject to assessment for purposes of the Savings Association Insurance Fund under the Federal Deposit Insurance Act (including a deposit that is treated as insured by the Savings Association Insurance Fund under section 5(d)(3) of the Federal Deposit Insurance Act); and (B) includes any deposit described in subparagraph (A) which is assumed after March 31, 1995, if the insured depository institution, the deposits of which are assumed, is not an insured depository institution when the special assessment is imposed under section 2702(a). SEC. 2711. DEDUCTION FOR SPECIAL ASSESSMENTS. 26 USC 162 note. For purposes of subtitle A of the Internal Revenue Code of 1986—