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paragraph (4), (9), or (10), the depository institution 
may, within 30 days thereafter, bring an action in 
the United States district court for the judicial dis-
trict in which the home office of such depository insti-
tution is located, or in the United States District 
Court for the District of Columbia, for an order re-
quiring the Corporation to be removed as the conser-
vator or receiver (regardless of how such appointment 
was made), and the court shall, upon the merits, dis-
miss such action or direct the Corporation to be re-
moved as the conservator or receiver.’’. 
(c) EXPANSION OF PERIOD FOR CHALLENGING THE 
APPOINTMENT OF A LIQUIDATING AGENT.—Subparagraph 
(B) of section 207(a)(1) of the Federal Credit Union Act 
(12 U.S.C. 1787(a)(1)) is amended by striking ‘‘10 days’’ 
and inserting ‘‘30 days’’. 
(d) EFFECTIVE DATE.—The amendments made by 
subsections (a), (b), and (c) shall apply with respect to con-
servators, receivers, or liquidating agents appointed on or 
after the date of the enactment of this Act. 
SEC. 403. REPORTING REQUIREMENTS RELATING TO IN-
SIDER LENDING. 
(a) REPORTING REQUIREMENTS REGARDING LOANS 
TO EXECUTIVE OFFICERS OF MEMBER BANKS.—Section
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22(g) of the Federal Reserve Act (12 U.S.C. 375a) is amend-
ed— 
(1) by striking paragraphs (6) and (9); and 
(2) by redesignating paragraphs (7), (8), and 
(10) as paragraphs (6), (7), and (8), respectively. 
(b) REPORTING REQUIREMENTS REGARDING LOANS 
FROM CORRESPONDENT BANKS TO EXECUTIVE OFFICERS 
AND
SHAREHOLDERS
OF
INSURED
BANKS.—Section 
106(b)(2) of the Bank Holding Company Act Amendments 
of 1970 (12 U.S.C. 1972(2)) is amended— 
(1) by striking subparagraph (G); and 
(2) by redesignating subparagraphs (H) and (I) 
as subparagraphs (G) and (H), respectively. 
SEC. 404. AMENDMENT TO PROVIDE AN INFLATION ADJUST-
MENT FOR THE SMALL DEPOSITORY INSTITU-
TION EXCEPTION UNDER THE DEPOSITORY 
INSTITUTION 
MANAGEMENT 
INTERLOCKS 
ACT. 
Section 203(1) of the Depository Institution Manage-
ment Interlocks Act (12 U.S.C. 3202(1)) is amended by 
striking ‘‘$20,000,000’’ and inserting ‘‘$100,000,000’’. 
SEC. 405. ENHANCING THE SAFETY AND SOUNDNESS OF IN-
SURED DEPOSITORY INSTITUTIONS. 
(a) CLARIFICATION RELATING
TO
THE ENFORCE-
ABILITY OF AGREEMENTS AND CONDITIONS.—The Federal
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Deposit Insurance Act (12 U.S.C. 1811 et seq.) is amended 
by adding at the end the following new section: 
‘‘SEC. 49. ENFORCEMENT OF AGREEMENTS. 
‘‘(a) IN GENERAL.—Notwithstanding clause (i) or (ii) 
of section 8(b)(6)(A) or section 38(e)(2)(E)(i), an appro-
priate Federal banking agency may enforce, under section 
8, the terms of— 
‘‘(1) any condition imposed in writing by the 
agency on a depository institution or an institution- 
affiliated party (including a bank holding company) 
in connection with any action on any application, 
notice, or other request concerning a depository insti-
tution; or 
‘‘(2) any written agreement entered into between 
the agency and an institution-affiliated party (in-
cluding a bank holding company). 
‘‘(b) RECEIVERSHIPS AND CONSERVATORSHIPS.—After 
the appointment of the Corporation as the receiver or con-
servator for any insured depository institution, the Cor-
poration may enforce any condition or agreement described 
in paragraph (1) or (2) of subsection (a) involving such 
institution or any institution-affiliated party (including a 
bank holding company), through an action brought in an 
appropriate United States district court.’’.
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(b) PROTECTION OF CAPITAL OF INSURED DEPOSI-
TORY INSTITUTIONS.—Paragraph (1) of section 18(u) of the 
Federal Deposit Insurance Act (12 U.S.C. 1828(u)) is 
amended by striking subparagraph (B) and by redesig-
nating subparagraph (C) as subparagraph (B). 
SEC. 406. INVESTMENTS BY INSURED SAVINGS ASSOCIA-
TIONS IN BANK SERVICE COMPANIES AU-
THORIZED. 
(a) IN GENERAL.—Sections 2 and 3 of the Bank Serv-
ice Company Act (12 U.S.C. 1862, 1863) are each amended 
by striking ‘‘insured bank’’ each place such term appears 
and inserting ‘‘insured depository institution’’. 
(b) TECHNICAL AND CONFORMING AMENDMENTS.— 
(1) Section 1(b)(4) of the Bank Service Company 
Act (12 U.S.C. 1861(b)(4)) is amended— 
(A) by inserting ‘‘, except when such term 
appears in connection with the term ‘insured de-
pository institution’,’’ after ‘‘means’’; and 
(B) by striking ‘‘Federal Home Loan Bank 
Board’’ and inserting ‘‘Director of the Office of 
Thrift Supervision’’. 
(2) Section 1(b) of the Bank Service Company 
Act (12 U.S.C. 1861(b)) is amended— 
(A) by striking paragraph (5) and inserting 
the following new paragraph:
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‘‘(5) INSURED
DEPOSITORY
INSTITUTION.—The 
term ‘insured depository institution’ has the meaning 
given the term in section 3(c) of the Federal Deposit 
Insurance Act;’’; 
(B) by striking ‘‘and’’ at the end of para-
graph (7); 
(C) by striking the period at the end of 
paragraph (8) and inserting ‘‘; and’’; and 
(D) by adding at the end the following new 
paragraph: 
‘‘(9) the terms ‘State depository institution’, 
‘Federal depository institution’, ‘State savings asso-
ciation’ and ‘Federal savings association’ have the 
meanings given the terms in section 3 of the Federal 
Deposit Insurance Act.’’. 
(3) The 1st sentence of section 5(c)(4)(B) of the 
Home Owners’ Loan Act (12 U.S.C. 1464(c)(4)(B)) is 
amended by striking ‘‘by savings associations of such 
State and by Federal associations’’ and inserting ‘‘by 
State and Federal depository institutions’’. 
(4) Subparagraph (A)(ii) and subparagraph 
(B)(ii) of section 1(b)(2) of the Bank Service Com-
pany Act (12 U.S.C. 1861(b)(2)) are each amended 
by striking ‘‘insured banks’’ and inserting ‘‘insured 
depository institutions’’.