CopyCited 7 times | Published | United States Bankruptcy Court, M.D. Florida | 1990 Bankr. LEXIS 1565, 1990 WL 106466
...rporation [FSLIC] that as long as they control Southern California Savings and Loan Association, the Applicants will cause the net worth of Southern California Savings and Loan Association to be maintained at a level consistent with that required by Section 563.13(b) of the Rules and Regulations for Insurance of Accounts, as now or hereafter in effect for institutions insured for 20 years or longer and, as necessary, will infuse sufficient additional equity capital, in a form satisfactory to the supervisory agent, to effect compliance with such requirement....
...One of the conditions outlined in the letter dealt with maintenance of net worth: The applicants will cause the net worth of Southern California Savings and Loan Association to be maintained at a level consistent with that required of institutions insured 20 years or longer by Section 563.13(b) of the Rules and Regulations for Insurance of Accounts, as now or hereafter in effect, and where necessary, will infuse sufficient additional equity capital to effect compliance with such requirements....
CopyCited 3 times | Published | United States Bankruptcy Court, M.D. Florida | 1991 Bankr. LEXIS 255, 1991 WL 22963
...ted Partnership for approval to acquire SoCal's stock. In a December 7, 1982 amendment to their joint application, those applicants stipulated that they will cause the net worth of [SoCal] to be maintained at a level consistent with that required by Section 563.13(b) of the Rules and Regulations for Insurance of Accounts, ....
...h compliance. 41. On December 14, 1982, the joint application to acquire SoCal's stock was approved, subject to the condition that: The applicants will cause the net worth of [SoCal] to be maintained at a level consistent with that required . . . by Section 563.13(b) of the Rules and Regulations Board for Insurance of Accounts, as now or hereafter in effect, and where necessary, will infuse sufficient additional equity capital to effect compliance with such requirements....
CopyCited 2 times | Published | Court of Appeals for the Eleventh Circuit | 1991 WL 42424
given time computed in accordance with 12 C.F.R. §
563.13(b), or any successor regulation thereto * ” (emphasis
