Prior to modification, text realize as follows: To be an eligible bank below so it area, a qualified institution-
Subsec. (p)(2)(E). Pub. L. 110109, 4(2)(F), reenacted going instead transform and you will amended text message regarding subpar. (E) fundamentally. In advance of modification, text discover below: Getting purposes of subparagraphs (B), (C), and (D) from the paragraph, a state, political subdivision, power, institution, instrumentality, or other entity demonstrated inside the paragraph (1)(A), (B), or (C) shall not-
(ii) treat the standing since sole proprietor away from a good appeal when you look at the financing in addition to money out of a loan because of the you to political subdivision, power, department, instrumentality, and other organization,
by giving a protection interest in, otherwise pledging while the security, such as financing, and/or income regarding such as loan, so you can secure a personal debt responsibility regarding procedure away from a plan revealed when you look at the part (1)(D). (περισσότερα…)