Multiple Choice
Under the Bank Holding Company Act,control of a bank is assumed to exist only if:
A) The bank holding company acquires 100% of at least one bank's outstanding stock
B) The bank holding company acquires 50% or more of at least one bank's outstanding stock
C) The bank holding company acquires 25% or more of at least one bank's outstanding stock
D) The bank holding company acquires at least three banks
E) None of the options are correct
Correct Answer:
Verified
Correct Answer:
Verified
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