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| | FRB: Legal Interpretations: Federal Reserve Act 2004 (Site not responding. Last check: 2007-11-03) |
 | | Letter to HSBC Bank USA, National Association, New Castle, Delaware, granting an exemption from the quantitative limits of section 23A of the Federal Reserve Act and Regulation W, 12 USC 371c and 12 CFR 223.43, in order that the bank may acquire certain assets from Household International Inc., Prospect Heights, Illinois. |
 | | Letter to Merrill Lynch Bank USA, Salt Lake City, Utah, granting an exemption from the quantitative limits of section 23A of the Federal Reserve Act, 12 USC 371c, in order that the bank may acquire Merrill Lynch Private Finance, Inc., from Merrill Lynch & Co., Inc., New York, New York. |
 | | The letter expresses staff's opinion that such liabilities would not be "deposits" or otherwise reservable liabilities of the sponsoring depository institution for purposes of Regualtion D and also would not be "demand deposits" for purposes of Regulation Q. Legal interpretations |
| www.federalreserve.gov /boarddocs/legalint/FederalReserveAct/2004 (228 words) |
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