FEDERAL SAVINGS AND LOAN INSURANCE CORPORATION

By SovConn | November 14, 2015

Federal Savings and Loan Insurance Corporation.A federal agency created in 1934 to insure

deposits in savings-and-loan associations and savings banks. • When this agency became insolvent

in 1989, its assets and liabilities were transferred to an insurance fund managed by the FDIC. —

Abbr. FSLIC. See RESOLUTION TRUST CORPORATION. [Cases: Building and Loan Associations 48. C.J.S. Building and Loan Associations, Savings and Loan Associations, and Credit Unions § 8.][Blacks Law 8th]

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