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Which Regulation Requires Out-Of-State-Banks That Acquire Local Banks to Commit

Question 1

Multiple Choice

Which regulation requires out-of-state-banks that acquire local banks to commit to continued lending in the area and not use the acquired banks simply as deposit gatherers?


A) Equal Credit Opportunity Act
B) National Bank Act
C) Federal Lending Act
D) Fair Credit Reporting Act
E) Community Reinvestment Act

Correct Answer:

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