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U.S. Code as of:
01/19/04
Section 3203. Dual service of management official of $2,500,000,000 institution or holding company as management official of unaffiliated $1,500,000,000 institution or holding company prohibited
If a depository institution or a depository holding company has
total assets exceeding $2,500,000,000, a management official of
such institution or any affiliate thereof may not serve as a
management official of any other nonaffiliated depository
institution or depository holding company having total assets
exceeding $1,500,000,000 or as a management official of any
affiliate of such other institution. In order to allow for
inflation or market changes, the appropriate Federal depository
institutions regulatory agencies may, by regulation, adjust, as
necessary, the amount of total assets required for depository
institutions or depository holding companies under this section.
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