The term “transferred deposit” means a deposit in a new bank or other insured depository institution made available to a depositor by the Corporation as payment of the insured deposit of such depositor in a closed bank, and assumed by such new bank or other insured depository institution.

← Insured deposit Domestic branch →

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Axiom
US Federal
Statutes
Title 12
§ 1813
(n)

Transferred deposit

Official source

← Insured deposit Domestic branch →

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