RESOLUTIONS COMMITTEE
resolutions committee.See COMMITTEE.
RESOLUTION TRUST CORPORATION
Resolution Trust Corporation.A federal agency established to act as a receiver for insolvent
federal savings-and-loan associations and to transfer or liquidate those associations’ assets. • The
agency was created when the Federal Savings and Loan Insurance Corporation was abolished in
1989. — Abbr. RTC. See FEDERAL SAVINGS AND LOAN INSURANCE CORPORATION.
[Cases: Building and Loan Associations 42(6). C.J.S. Building and Loan Associations, Savings
and Loan Associations, and Credit Unions §§ 131, 133, 141.] [Blacks Law 8th]