Deposit insurance coverage period extended, lengthening post-event accounting-year inclusion and statutory protection timeframe under amended provision. Amendment revises the temporal scope of deposit insurance by specifying that coverage applies to the accounting year of the triggering event and continues for an extended set of subsequent accounting years, thereby lengthening the statutory protection period following that year.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Deposit insurance coverage period extended, lengthening post-event accounting-year inclusion and statutory protection timeframe under amended provision.
Amendment revises the temporal scope of deposit insurance by specifying that coverage applies to the accounting year of the triggering event and continues for an extended set of subsequent accounting years, thereby lengthening the statutory protection period following that year.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.