Title VI

Section 601 — Short title (See Note to 12 U.S.C. § 1811)

Section 602 — Definition (See Note to 12 USC § 1815)

Section 603 — Moratorium and study on treatment of credit card banks, industrial loan companies, and certain other companies under the Bank Holding Company Act of 1956 (See Note to 12 USC § 1815)

Section 604 — Reports and examinations of holding companies; regulation of functionally regulated subsidiaries

• 604 (a) — Reports by bank holding companies (amended Section 5 of the Bank Holding Company Act of 1956)
• 604(b) — Examinations of bank holding companies (amended Section 5 of the Bank Holding Company Act of 1956)
• 604 (c) — Authority To Regulate Functionally Regulated Subsidiaries of Bank Holding Companies
  • 604(c)(1) — (amended Section 5 of the Bank Holding Company Act of 1956)
  • 604 (c)(2) — (struck Section 10A of the Bank Holding Company Act of 1956)   
• 604(d) — Acquisitions of banks (amended Section 3 of the Bank Holding Company Act of 1956)
• 604(e) — Acquisitions of nonbanks (amended Section 4 of the Bank Holding Company Act of 1956)
• 604(f) — Bank Merger Act transactions (amended Section 18 of the Federal Deposit Insurance Act)
• 604(g) — Reports by savings and loan holding companies (amended Section 10 of the Home Owners' Loan Act)
• 604(h) — Examination of savings and loan holding companies
  • 604(h)(1) — Definitions (amended Section 2 of the Home Owners' Loan Act)
    
  • 604(h)(2) — Examinations (amended Section 10 of the Home Owners' Loan Act)
• 604(i) — Definition of the term “savings and loan holding company”
• 604(j) — Effective date (See Note to 12 USC § 1462)

Section 605 — Assuring consistent oversight of permissible activities of depository institution subsidiaries of holding companies

• 605(a) — In general (added Section 26 to the Federal Deposit Insurance Act)
• 605(b) — Effective date (See Note to 12 USC § 1831c)

Section 606 — Requirements for financial holding companies to remain well capitalized and well managed.

• 606(a) — Amendment (amended Section 4 of the Bank Holding Company Act of 1956)
  
• 606(b) — Home Owners’ Loan Act Amendment (amended Section 10 of the Home Owners' Loan Act)
  
• 606(c) — Effective date (See Note to 12 USC § 1467a)

Section 607 — Standards for interstate acquisitions

• 607(a) — Acquisition of banks (amended Section 3 of the Bank Holding Company Act of 1956)
  
• 607(b) — Interstate bank mergers (amended Section 44 of the Federal Deposit Insurance Act)
  
• 607(c) — Effective date (See Note to 12 USC § 1831u)

Section 608 — Enhancing existing restrictions on bank transactions with affiliates

• 608(a) — Affiliate transactions (amended Section 23A of the Federal Reserve Act)
  
• 608(b) — Transactions with affiliates (amended Section 23B of the Federal Reserve Act)
  
• 608(c) — Home Owners’ Loan Act (amended Section 11 of the Home Owners' Loan Act)
  
• 608(d) — Effective date (See Note to 12 USC § 371c)

Section 609 — Eliminating exceptions for transactions with financial subsidiaries

• 609(a) — Amendment to The Federal Reserve Act (amended Section 23A of the Federal Reserve Act)
  
• 609(b) — Prospective application of amendment (See Note to 12 USC § 371c)
  
• 609(c) — Effective date (See Note to 12 USC § 371c)

Section 610 — Lending limits applicable to credit exposure on derivative transactions, repurchase agreements, reverse repurchase agreements, and securities lending and borrowing transactions

• 610(a) — National banks (amended Section 5200 of the Revised Statutes)
  
• 610(b) — Savings associations (amended Section 5 of the Home Owners' Loan Act)
  
• 610(c) — Effective date (See Note to 12 USC § 84)

Section 611 — Consistent treatment of derivative transactions in lending limits

• 611(a) — Amendment (amended Section 18 of the Federal Deposit Insurance Act)
• 611(b) — Effective Date (See Note to 12 USC § 1828)

Section 612 — Restriction on conversions of troubled banks

• 612(a) — Conversion of a National Banking Association (added Section 10 to Act of Aug. 17, 1950)
  
• 612(b) — Conversion of a State Bank or Savings Association (amended Section 5154 of the Revised Statutes)
  
• 612(c) — Conversion of a Federal Savings Association (amended Section 5 of the Home Owners' Loan Act)
  
• 612(d) — Exception (See Note to 12 USC § 35)
  
• 612(e) — Notification of pending enforcement action (See Note to 12 USC § 35)

Section 613. De novo branching into states

• 613(a) — National banks (amended Section 5155 of the Revised Statutes)
  
• 613(b) — State insured banks (amended Section 18 of the Federal Deposit Insurance Act)

Section 614. Lending limits to insiders

• 614(a) — Extensions of credit (amended Section 22 of the Federal Reserve Act)
  
• 614(b) — Effective date (See Note to 12 USC § 375b)

Section 615. Limitations on purchases of assets from insiders

• 615(a) — Amendment to the Federal Deposit Insurance Act (amended Section 18 of the Federal Deposit Insurance Act)
  
• 615(b) — Amendments to the Federal Reserve Act (amended Section 22 of the Federal Reserve Act)
  
• 615(c) — Effective date (See Note to 12 USC § 375)

Section 616. Regulations regarding capital levels

• 616(a) — Capital levels of bank holding companies (amended Section 5 of the Bank Holding Company Act of 1956)
  
• 616(b) — Capital levels of savings and loan holding companies (amended Section 10 of the Home Owners' Loan Act)
  
• 616(c) — Capital levels of insured depository institutions (amended Section 908 of the International Supervision Act of 1983)
  
• 616(d) — Source of strength (added Section 38A to the Federal Deposit Insurance Act)
  
• 616(e) — Effective date (See Note to 12 USC § 1467a)

Section 617. Elimination of elective investment bank holding company framework

• 617(a) — Amendment (amended Section 17 of the Securities Exchange Act of 1934)
• 617(b) — Effective date (See Note to 15 USC § 78q)

Section 618 — Securities holding companies

Section 619 — Prohibitions on proprietary trading and certain relationships with hedge funds and private equity funds (added Section 13 to the Bank Holding Company Act of 1956)

Section 620 — Study of bank investment activities

Section 621 — Conflicts of interest

• 621(a) — In general (added Section 27B to the Securities Act of 1933)
  
• 621(b) — Effective date (See Note to 15 USC § 77z-2a)

Section 622 — Concentration limits on large financial firms (added Section 14 to the Bank Holding Company Act of 1956)

Section 623 — Interstate merger transactions

• 623(a)  — Interstate merger transactions (amended Section 18 of the Federal Deposit Insurance Act)
  
• 623(b)  — Acquisitions by bank holding companies
  • 623(b)(1) — In general (amended Section 4 of the Bank Holding Company Act of 1956)
    
  • 623(b)(2) — Definitions (amended Section 2 of the Bank Holding Company Act of 1956)
    
  • 623(c) — Acquisitions by savings and loan holding companies (amended Section 10 of the Home Owners' Loan Act)

Section 624 — Qualified thrift lenders (amended Section 10 of the Home Owners' Loan Act)

Section 625 — Treatment of dividends by certain mutual holding companies

• 625(a) — In general (amended Section 10 of the Home Owners’ Loan Act)
  
• 625(b) — Effective date (See Note to 12 USC § 1467a)

Section 626 — Intermediate holding companies (added Section 10A to the Home Owners’ Loan Act)

Section 627 — Interest-bearing transaction accounts authorized

• 627(a) — Repeal of prohibition on payment of interest on demand deposits
  • 627(a)(1) — Federal Reserve Act (amended Section 19 of the Federal Reserve Act)
    
  • 627(a)(2) — Home Owners' Loan Act (amended Section 5 of the Home Owners' Loan Act)
    
  • 627(a)(3) — Federal Deposit Insurance Act (amended Section 18 of the Federal Deposit Insurance Act)
• 627(b) Effective date (See Note to 12 USC § 371a)

Section 628. Credit card bank small business lending (amended Section 2 of the Bank Holding Company Act of 1956)