Political Quotes

Donald Riegle: “It does not. Oklahoma law and any other State law which sets a lower deposit concentration limit would be protected…”

On the recordApril 26, 1994
It does not. Oklahoma law and any other State law which sets a lower deposit concentration limit would be protected under this language. This section is intended only to set a ceiling above which a State may not go without a specific waiver by the State bank supervisor on a case-by-case basis.
Said by
Donald Riegle
Democratic · Michigan

Editor's note · Context

Discussing state law and deposit concentration limits in a legislative context.

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