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    Exam 20: Deposit Insurance and Other Liability Guarantees
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    The Prompt Corrective Action Program of the FDIC Improvement Act
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The Prompt Corrective Action Program of the FDIC Improvement Act

Question 34

Question 34

True/False

The prompt corrective action program of the FDIC Improvement Act allows a bank or thrift to be placed into receivership when the book value of capital to assets falls below 2 percent.

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