Page:United States Statutes at Large Volume 119.djvu/3620

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[119 STAT. 3602]
PUBLIC LAW 109-000—MMMM. DD, 2005
[119 STAT. 3602]

119 STAT. 3602

PUBLIC LAW 109–173—FEB. 15, 2006

(4) by striking ‘‘depositor referred to in subparagraph (A) of this paragraph’’ each place such term appears and inserting ‘‘government depositor’’. (b) TECHNICAL AND CONFORMING AMENDMENT RELATING TO INSURANCE OF TRUST FUNDS.—Paragraphs (1) and (3) of section 7(i) of the Federal Deposit Insurance Act (12 U.S.C. 1817(i)) are each amended by striking ‘‘$100,000’’ and inserting ‘‘the standard maximum deposit insurance amount (as determined under section 11(a)(1))’’. (c) OTHER TECHNICAL AND CONFORMING AMENDMENTS.— (1) Section 11(m)(6) of the Federal Deposit Insurance Act (12 U.S.C. 1821(m)(6)) is amended by striking ‘‘$100,000’’ and inserting ‘‘an amount equal to the standard maximum deposit insurance amount’’. (2) Subsection (a) of section 18 of the Federal Deposit Insurance Act (12 U.S.C. 1828(a)) is amended to read as follows: ‘‘(a) INSURANCE LOGO.— ‘‘(1) INSURED DEPOSITORY INSTITUTIONS.— ‘‘(A) IN GENERAL.—Each insured depository institution shall display at each place of business maintained by that institution a sign or signs relating to the insurance of the deposits of the institution, in accordance with regulations to be prescribed by the Corporation. ‘‘(B) STATEMENT TO BE INCLUDED.—Each sign required under subparagraph (A) shall include a statement that insured deposits are backed by the full faith and credit of the United States Government. ‘‘(2) REGULATIONS.—The Corporation shall prescribe regulations to carry out this subsection, including regulations governing the substance of signs required by paragraph (1) and the manner of display or use of such signs. ‘‘(3) PENALTIES.—For each day that an insured depository institution continues to violate this subsection or any regulation issued under this subsection, it shall be subject to a penalty of not more than $100, which the Corporation may recover for its use.’’. (3) Section 43(d) of the Federal Deposit Insurance Act (12 U.S.C. 1831t(d)) is amended by striking ‘‘$100,000’’ and inserting ‘‘an amount equal to the standard maximum deposit insurance amount’’. (4) Section 6 of the International Banking Act of 1978 (12 U.S.C. 3104) is amended— (A) by striking ‘‘$100,000’’ each place such term appears and inserting ‘‘an amount equal to the standard maximum deposit insurance amount’’; and (B) by adding at the end the following new subsection: ‘‘(e) STANDARD MAXIMUM DEPOSIT INSURANCE AMOUNT DEFINED.—For purposes of this section, the term ‘standard maximum deposit insurance amount’ means the amount of the maximum amount of deposit insurance as determined under section 11(a)(1) of the Federal Deposit Insurance Act.’’. (d) CONFORMING CHANGE TO CREDIT UNION SHARE INSURANCE FUND.— (1) IN GENERAL.—Section 207(k) of the Federal Credit Union Act (12 U.S.C. 1787(k)) is amended— (A) by striking ‘‘(k)(1)’’ and all that follows through the end of paragraph (1) and inserting the following:

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