consultation under subclause (I) con-
cerning the assessment of the risk of
loss posed by such institutions may be
made on an aggregate basis.
‘‘(iii) RULE OF CONSTRUCTION.—No
provision of this paragraph shall be con-
strued as providing any new authority for
the Corporation to require submission of
information by insured depository institu-
tions to the Corporation.
‘‘(F) MODIFICATIONS TO THE RISK-BASED
ASSESSMENT
SYSTEM
ALLOWED
ONLY
AFTER
NOTICE AND COMMENT.—In revising or modi-
fying the risk-based assessment system at any
time after the date of the enactment of the
Federal Deposit Insurance Reform Act of 2002,
the Board of Directors may implement such re-
visions or modification in final form only after
notice and opportunity for comment.’’.
SEC. 7. REFUNDS, DIVIDENDS, AND CREDITS FROM DE-
POSIT INSURANCE FUND.
(a) IN GENERAL.—Subsection (e) of section 7 of the
Federal Deposit Insurance Act (12 U.S.C. 1817(e)) is
amended to read as follows:
‘‘(e) REFUNDS, DIVIDENDS, AND CREDITS.—
‘‘(1) REFUNDS
OF
OVERPAYMENTS.—In the
case of any payment of an assessment by an insured
depository institution in excess of the amount due to
the Corporation, the Corporation may—
‘‘(A) refund the amount of the excess pay-
ment to the insured depository institution; or
‘‘(B) credit such excess amount toward the
payment of subsequent assessments until such
credit is exhausted.
‘‘(2) DIVIDENDS
FROM
EXCESS
AMOUNTS
IN
DEPOSIT INSURANCE FUND.—
‘‘(A) RESERVE RATIO EQUAL TO OR IN EX-
CESS OF 1.4 PERCENT OF ESTIMATED INSURED
DEPOSITS.—Whenever the reserve ratio of the
Deposit Insurance Fund equals or exceeds 1.4
percent of estimated insured deposits, the Cor-
poration shall declare the amount in the Fund
in excess of the amount required to maintain
the reserve ratio at the designated reserve ratio
in effect at such time, as dividends to be paid
to insured depository institutions.
‘‘(B) RESERVE RATIO EQUAL TO OR IN EX-
CESS OF 1.35 PERCENT OF ESTIMATED INSURED
DEPOSITS
AND
LESS
THAN
1.4
PERCENT.—
Whenever the reserve ratio of the Deposit In-
surance Fund equals or exceeds 1.35 percent of
estimated insured deposits and is less than 1.4
percent of such deposits, the Corporation shall
declare the amount in the Fund that is equal
to 50 percent of the amount in excess of the
amount required to maintain the reserve ratio
at 1.35 percent of the estimated insured depos-
its as dividends to be paid to insured depository
institutions.
‘‘(C) BASIS FOR DISTRIBUTION OF DIVI-
DENDS.—
‘‘(i) IN GENERAL.—Solely for the pur-
poses of dividend distribution under this
paragraph and credit distribution under
paragraph (3)(B), the Corporation shall
determine each insured depository institu-
tion’s relative contribution to the Deposit
Insurance Fund (or any predecessor de-
posit insurance fund) for calculating such
institution’s share of any dividend or credit
declared under this paragraph or para-
graph (3)(B), taking into account the fac-
tors described in clause (ii).
‘‘(ii) FACTORS FOR DISTRIBUTION.—
In implementing this paragraph and para-
graph (3)(B) in accordance with regula-
tions, the Corporation shall take into ac-
count the following factors:
‘‘(I) The ratio of the assessment
base of an insured depository institu-
tion (including any predecessor) on
December 31, 1996, to the assessment
base of all eligible insured depository
institutions on that date.
‘‘(II) The total amount of assess-
ments paid on or after January 1,
1997, by an insured depository insti-
tution (including any predecessor) to
the Deposit Insurance Fund (and any
predecessor deposit insurance fund).
‘‘(III) That portion of assess-
ments paid by an insured depository
institution (including any predecessor)
that reflects higher levels of risk as-
sumed by such institution.
‘‘(IV) Such other factors as the
Corporation may determine to be ap-
propriate.
‘‘(D) NOTICE
AND
OPPORTUNITY
FOR
COMMENT.—The calculation, declaration, and
payment of dividends under this paragraph
shall be made at such times, in such manner,
and on such conditions as the Corporation shall
prescribe by regulation, after notice and oppor-
tunity for comment.
‘‘(3) CREDIT POOL.—
‘‘(A) ONE-TIME CREDIT BASED ON TOTAL
ASSESSMENT BASE AT YEAR-END 1996.—
‘‘(i) IN GENERAL.—Before the end of
the 270-day period beginning on the date
of the enactment of the Federal Deposit
Insurance Reform Act of 2002, the Board
of Directors shall, by regulation, provide
for a credit to each eligible insured deposi-
tory institution, based on the assessment
base of the institution (including any pred-
ecessor institution) on December 31, 1996,
as compared to the combined aggregate as-
sessment base of all eligible insured deposi-
tory institutions, taking into account such
factors as the Board of Directors may de-
termine to be appropriate.
‘‘(ii) CREDIT LIMIT.—The aggregate
amount of credits available under clause (i)
to all eligible insured depository institu-
tions shall equal the amount that the Cor-
poration could collect if the Corporation
imposed an assessment of 12 basis points
on the combined assessment base of the
Bank Insurance Fund and the Savings As-
sociation Insurance Fund as of December
31, 2001.
‘‘(iii) ELIGIBLE INSURED DEPOSITORY
INSTITUTION DEFINED.—For purposes of
this paragraph, the term ‘eligible insured
depository institution’ means any insured
depository institution that—
‘‘(I) was in existence on Decem-
ber 31, 1996, and paid a deposit in-
surance assessment prior to that date;
or
‘‘(II) is a successor to any in-
sured depository institution described
in subclause (II).
‘‘(iv) APPLICATION OF CREDITS.—
‘‘(I) IN GENERAL.—The amount
of a credit to any eligible insured de-
pository institution under this para-
graph may be applied by the Corpora-
tion to those portions of the assess-
ments imposed on such institution
under subsection (b) that become due
for assessment periods beginning after
the effective date of regulations pre-
scribed under clause (i).
‘‘(II) REGULATIONS.—The regu-
lations prescribed under clause (i)
shall establish the qualifications and
procedures governing the application
of assessment credits pursuant to sub-
clause (I).
‘‘(v) 
CRITERIA
FOR
DETERMINA-
TION.—In determining whether to provide
assessment credits under this paragraph
and the amounts of any such credits, the
Board of Directors shall take into account
the factors for designating the reserve
ratio under subsection (b)(3) and the fac-
tors for setting assessments under sub-
section (b)(2)(B).
‘‘(vi) LIMITATION
ON
AMOUNT
OF
CREDIT FOR CERTAIN DEPOSITORY INSTI-
TUTIONS.—In the case of an insured de-
pository institution that exhibits financial,
operational, 
or 
compliance 
weaknesses
ranging from moderately severe to unsatis-
factory, or is not adequately capitalized (as
defined in section 38) at the beginning of
an assessment period, the amount of any
credit 
allowed 
under 
this 
paragraph
against the assessment on that depository
institution for such period may not exceed
the amount calculated by applying to that
depository institution the average assess-
ment rate on all insured depository institu-
tions for such assessment period.
‘‘(vii) PREDECESSOR
DEFINED.—For
purposes of this paragraph, the term ‘pred-
ecessor’, when used with respect to any in-
sured depository institution, includes any
other insured depository institution ac-
quired by or merged with such insured de-
pository institution.
‘‘(B) ON-GOING CREDIT POOL.—
‘‘(i) IN GENERAL.—In addition to the
credit provided pursuant to subparagraph
(A) and subject to the limitation contained
in clause (vi) of such subparagraph, the
Corporation shall, by regulation, establish
an on-going system of credits to be applied
against future assessments under sub-
section (b)(1) on the same basis as the
dividends 
provided 
under 
paragraph
(2)(C).
‘‘(ii) LIMITATION ON CREDITS UNDER
CERTAIN
CIRCUMSTANCES.—No 
credits
may be allowed by the Corporation under
this subparagraph during any period in
which—
‘‘(I) the reserve ratio of the De-
posit Insurance Fund is less than the
designated reserve ratio of such Fund;
or
‘‘(II) the designated reserve ratio
of the Fund is less than 1.25 percent
of the amount of estimated insured
deposits.
‘‘(4) ADMINISTRATIVE REVIEW.—
‘‘(A) IN GENERAL.—The regulations pre-
scribed under paragraph (2)(D) and subpara-
graphs (A) and (B) of paragraph (3) shall in-
clude provisions allowing an insured depository
institution a reasonable opportunity to chal-
lenge administratively the amount of the credit
or dividend determined under paragraph (2) or
(3) for such institution.
‘‘(B) ADMINISTRATIVE REVIEW.—Any re-
view under subparagraph (A) of any determina-
tion of the Corporation under paragraph (2) or
(3) shall be final and not subject to judicial re-
view.’’.
(b) DEFINITION OF RESERVE RATIO.—Section 3(y)
of the Federal Deposit Insurance Act (12 U.S.C. 1813(y))
(as amended by section 5(b) of this Act) is amended by
adding at the end the following new paragraph:
‘‘(3) RESERVE
RATIO.—The term ‘reserve
ratio’, when used with regard to the Deposit Insur-
ance Fund other than in connection with a reference
to the designated reserve ratio, means the ratio of
the net worth of the Deposit Insurance Fund to the
value of the aggregate estimated insured deposits.’’.
SEC. 8. DEPOSIT INSURANCE FUND RESTORATION PLANS.
Section 7(b)(3) of the Federal Deposit Insurance Act
(12 U.S.C. 1917(b)(3)) (as amended by section 5(a) of
this Act) is amended by adding at the end the following
new subparagraph:
‘‘(E) DIF RESTORATION PLANS.—
‘‘(i) IN GENERAL.—Whenever—
‘‘(I) the Corporation projects
that the reserve ratio of the Deposit
Insurance Fund will fall below the
designated reserve ratio within 6
months of such determination; or
‘‘(II) the reserve ratio of the De-
posit Insurance Fund actually falls
below the designated reserve ratio
without any determination under sub-
clause (I) having been made,
the Corporation shall establish and imple-
ment a Deposit Insurance Fund restora-
tion plan within 30 days that meets the re-
quirements of clause (ii) or (iii), as the
case may be, and such other conditions as
the Corporation determines to be appro-
priate.
‘‘(ii) REQUIREMENTS OF PLAN IF RE-
SERVE RATIO DOES NOT FALL BELOW 1.0
PERCENT.—If the reserve ratio of the De-
posit Insurance Fund is not projected to or
has not fallen below an amount equal to
1.0 percent of the aggregate estimated in-
sured deposits, a Deposit Insurance Fund
restoration plan meets the requirements of
this clause if the plan provides that the re-
serve ratio of the Fund will meet or exceed
the designated reserve ratio that was in ef-
fect before the occurrence of the event de-
scribed in subclause (I) or (II) of clause (i)
before the end of the 3-year period begin-
ning upon implementation of the plan.
‘‘(iii) REQUIREMENTS OF PLAN IF RE-
SERVE
RATIO
FALLS
BELOW
1.0
PER-
CENT.—If the reserve ratio of the Deposit
Insurance Fund has fallen below an
amount equal to 1.0 percent of the aggre-
gate estimated insured deposits, a Deposit
Insurance Fund restoration plan meets the
requirements of this clause if the plan pro-
vides that the reserve ratio of the Fund—
‘‘(I) will meet or exceed an
amount equal to 1.0 percent of the
aggregate estimated insured deposits
before the end of the 2-year period be-
ginning upon implementation of the
plan; and
‘‘(II) will meet or exceed the des-
ignated reserve ratio that was in ef-
fect before the occurrence of the event
described in subclause (I) or (II) of
clause (i) before the end of the 3-year
period beginning on the date the re-
serve ratio first meets or exceeds an
amount equal to 1.0 percent of the
aggregate estimated insured deposits
after the implementation of the plan.
‘‘(iv) 
TRANSPARENCY.—Not 
more
than 90 days after the Corporation estab-
lishes and implements a restoration plan
under clause (i), the Corporation shall pub-
lish in the Federal Register a detailed
analysis of the factors considered and the
basis for the actions taken with regard to
the plan.’’.
SEC. 9. REGULATIONS REQUIRED.
(a) IN GENERAL.—Not later than 270 days after the
date of the enactment of this Act, the Board of Directors
of the Federal Deposit Insurance Corporation shall pre-
scribe final regulations, after notice and opportunity for
comment—
(1) designating the reserve ratio for the Deposit
Insurance Fund in accordance with section 7(b)(3)
of the Federal Deposit Insurance Act (as amended
by section 5 of this Act);
(2) implementing increases in deposit insurance
coverage in accordance with the amendments made
by section 3 of this Act;
(3) implementing the dividend requirement
under section 7(e)(2) of the Federal Deposit Insur-
ance Act (as amended by section 7 of this Act).
(4) implementing the 1-time assessment credit
to certain insured depository institutions in accord-
ance with section 7(e)(3) of the Federal Deposit In-
surance Act, as amended by section 7 of this Act,
including the qualifications and procedures under
which the Corporation would apply assessment cred-
its; and
(5) providing for assessments under section
7(b) of the Federal Deposit Insurance Act, as
amended by this Act.
(b) RULE OF CONSTRUCTION.—No provision of this
Act or any amendment made by this Act shall be con-
strued as affecting the authority of the Corporation to set
or collect deposit insurance assessments before the effec-
tive date of the final regulation prescribed under sub-
section (a).
SEC. 10. STUDIES OF FDIC STRUCTURE AND EXPENSES AND
CERTAIN ACTIVITIES AND FURTHER POS-
SIBLE CHANGES TO DEPOSIT INSURANCE
SYSTEM.
(a) STUDY BY COMPTROLLER GENERAL.—
(1) STUDY REQUIRED.—The Comptroller Gen-
eral shall conduct a study of the following issues:
(A) The efficiency and effectiveness of the
administration of the prompt corrective action
program under section 38 of the Federal De-
posit Insurance Act by the Federal banking
agencies (as defined in section 3 of such Act),
including the degree of effectiveness of such
agencies in identifying troubled depository insti-
tutions and taking effective action with respect
to such institutions, and the degree of accuracy
of the risk assessments made by the Corpora-
tion.
(B) The appropriateness of the organiza-
tional structure of the Federal Deposit Insur-
ance Corporation for the mission of the Cor-
poration taking into account—
(i) the current size and complexity of
the business of insured depository institu-
tions (as such term is defined in section 3
of the Federal Deposit Insurance Act);
(ii) the extent to which the organiza-
tional structure contributes to or reduces
operational 
inefficiencies 
that 
increase
operational costs; and
(iii) the effectiveness of internal con-
trols.
(2) REPORT TO THE CONGRESS.—The Comp-
troller General shall submit a report to the Congress
before the end of the 1-year period beginning on the
date of the enactment of this Act containing the
findings and conclusions of the Comptroller General
with respect to the study required under paragraph
(1) together with such recommendations for legisla-
tive or administrative action as the Comptroller Gen-
eral may determine to be appropriate.
(b) INTERNAL STUDY BY THE FDIC.—
(1) STUDY REQUIRED.—Concurrently with the
study required to be conducted by the Comptroller
General under subsection (a), the Federal Deposit
Insurance Corporation shall conduct an internal
study of the same conditions and factors included in
the study under subsection (a).
(2) REPORT TO THE CONGRESS.—The Federal
Deposit Insurance Corporation shall submit a report
to the Congress before the end of the 1-year period
beginning on the date of the enactment of this Act
containing the findings and conclusions of the Cor-
poration with respect to the study required under
paragraph (1) together with such recommendations
for legislative or administrative action as the Board
of Directors of the Corporation may determine to be
appropriate.
(c) STUDY OF FURTHER POSSIBLE CHANGES TO DE-
POSIT INSURANCE SYSTEM.—
(1) STUDY REQUIRED.—The Board of Directors
of the Federal Deposit Insurance Corporation and
the National Credit Union Administration Board
shall each conduct a study of the following:
(A) The feasibility of establishing a vol-
untary deposit insurance system for deposits in
excess of the maximum amount of deposit in-
surance for any depositor and the potential ben-
efits and the potential adverse consequences
that may result from the establishment of any
such system.
(B) The feasibility of privatizing all deposit
insurance at insured depository institutions and
insured credit unions.
(2) REPORT.—Before the end of the 1-year pe-
riod beginning on the date of the enactment of this
Act, the Board of Directors of the Federal Deposit
Insurance Corporation and the National Credit
Union Administration Board shall each submit a re-
port to the Congress on the study required under
paragraph (1) containing the findings and conclu-
sions of the reporting agency together with such rec-
ommendations for legislative or administrative
changes as the agency may determine to be appro-
priate.
(d) STUDY
REGARDING
APPROPRIATE
DEPOSIT
BASE IN DESIGNATING RESERVE RATIO.—
(1) STUDY
REQUIRED.—The Federal Deposit
Insurance Corporation shall conduct a study of the
feasibility of using actual domestic deposits rather
than estimated insured deposits in calculating the
reserve ratio of the Deposit Insurance Fund and
designating a reserve ratio for such Fund.
(2) REPORT.—The Federal Deposit Insurance
Corporation shall submit a report to the Congress
before the end of the 1-year period beginning on the
date of the enactment of this Act containing the
findings and conclusions of the Corporation with re-
spect to the study required under paragraph (1) to-
gether with such recommendations for legislative or
administrative action as the Board of Directors of
the Corporation may determine to be appropriate.
(e) STUDY OF RESERVE METHODOLOGY AND AC-
COUNTING FOR LOSS.—
(1) STUDY
REQUIRED.—The Federal Deposit
Insurance Corporation, in consultation with the
Comptroller General, shall conduct a study of the re-
serve methodology and loss accounting used by the
Corporation during the period beginning on January
1, 1992, and ending December 31, 2002, with re-
spect to insured depository institutions in a troubled
condition (as defined in the regulations prescribed
pursuant to section 32(f) of the Federal Deposit In-
surance Act).
(2) FACTORS TO BE INCLUDED.—In conducting
the study pursuant to paragraph (1), the Federal
Deposit Insurance Corporation shall—
(A) consider the overall effectiveness and
accuracy of the methodology used by the Cor-
poration for establishing and maintaining re-
serves and estimating and accounting for losses
at insured depository institutions, during the
period described in such paragraph;
(B) consider the appropriateness and reli-
ability of information and criteria used by the
Corporation in determining—
(i) whether an insured depository in-
stitution was in a troubled condition; and
(ii) the amount of any loss anticipated
at such institution;
(C) analyze the actual historical loss expe-
rience over the period described in paragraph
(1) and the causes of the exceptionally high
rate of losses experienced by the Corporation in
the final 3 years of that period; and
(D) rate the Corporation’s efforts of the
Corporation to reduce losses in such 3-year pe-
riod to minimally acceptable levels and to his-
torical levels.
(3) REPORT REQUIRED.—The Board of Direc-
tors of the Federal Deposit Insurance Corporation
shall submit a report to the Congress before June
30, 2003, containing the findings and conclusions of
the Corporation, in consultation with the Comp-
troller General, with respect to the study required
under paragraph (1), together with such rec-
ommendations for legislative or administrative action
as the Board of Directors may determine to be ap-
propriate.
SEC. 11. TECHNICAL AND CONFORMING AMENDMENTS TO
THE FEDERAL DEPOSIT INSURANCE ACT RE-
LATING TO THE MERGER OF THE BIF AND
SAIF.
(a) IN GENERAL.—The Federal Deposit Insurance
Act (12 U.S.C. 1811 et seq.) is amended—
(1) in section 3 (12 U.S.C. 1813)—
(A) by striking subparagraph (B) of sub-
section (a)(1) and inserting the following new
subparagraph:
‘‘(B) includes any former savings associa-
tion.’’; and
(B) by striking paragraph (1) of sub-
section (y) (as so designated by section 5(b) of
this Act) and inserting the following new para-
graph:
‘‘(1) DEPOSIT
INSURANCE
FUND.—The term
‘Deposit Insurance Fund’ means the Deposit Insur-
ance Fund established under section 11(a)(4).’’;
(2) in section 5(b)(5) (12 U.S.C. 1815(b)(5)),
by striking ‘‘the Bank Insurance Fund or the Sav-
ings Association Insurance Fund,’’ and inserting
‘‘the Deposit Insurance Fund,’’;
(3) in section 5(c)(4), by striking ‘‘deposit in-
surance fund’’ and inserting ‘‘Deposit Insurance
Fund’’;
(4) in section 5(d) (12 U.S.C. 1815(d)), by
striking paragraphs (2) and (3);
(5) in section 5(d)(1) (12 U.S.C. 1815(d)(1))—
(A) in subparagraph (A), by striking ‘‘re-
serve ratios in the Bank Insurance Fund and
the Savings Association Insurance Fund as re-
quired by section 7’’ and inserting ‘‘the reserve
ratio of the Deposit Insurance Fund’’;
(B) by striking subparagraph (B) and in-
serting the following:
‘‘(2) FEE CREDITED TO THE DEPOSIT INSUR-
ANCE FUND.—The fee paid by the depository insti-
tution under paragraph (1) shall be credited to the
Deposit Insurance Fund.’’;
(C) by striking ‘‘(1) UNINSURED INSTITU-
TIONS.—’’; and
(D) by redesignating subparagraphs (A)
and (C) as paragraphs (1) and (3), respectively,
and moving the left margins 2 ems to the left;
(6) in section 5(e) (12 U.S.C. 1815(e))—
(A) in paragraph (5)(A), by striking
‘‘Bank Insurance Fund or the Savings Associa-
tion Insurance Fund’’ and inserting ‘‘Deposit
Insurance Fund’’;
(B) by striking paragraph (6); and
(C) by redesignating paragraphs (7), (8),
and (9) as paragraphs (6), (7), and (8), respec-
tively;
(7) in section 6(5) (12 U.S.C. 1816(5)), by
striking ‘‘Bank Insurance Fund or the Savings As-
sociation Insurance Fund’’ and inserting ‘‘Deposit
Insurance Fund’’;
(8) in section 7(b) (12 U.S.C. 1817(b))—
(A) in paragraph (1)(C), by striking ‘‘de-
posit insurance fund’’ each place that term ap-
pears and inserting ‘‘Deposit Insurance Fund’’;
(B) in paragraph (1)(D), by striking ‘‘each
deposit insurance fund’’ and inserting ‘‘the De-
posit Insurance Fund’’; and
(C) in paragraph (5) (as so redesignated
by section 4(e)(4) of this Act)—
(i) by striking ‘‘any such assessment’’
and inserting ‘‘any such assessment is nec-
essary’’;
(ii) by striking subparagraph (B);
(iii) in subparagraph (A)—
(I) by striking ‘‘(A) is nec-
essary—’’;
(II) by striking ‘‘Bank Insurance
Fund members’’ and inserting ‘‘in-
sured depository institutions’’; and
(III) by redesignating clauses (i),
(ii), and (iii) as subparagraphs (A),
(B), and (C), respectively, and moving
the margins 2 ems to the left; and
(iv) in subparagraph (C) (as so redes-
ignated)—
(I) by inserting ‘‘that’’ before
‘‘the Corporation’’; and
(II) by striking ‘‘; and’’ and in-
serting a period;
(9) 
in 
section 
7(j)(7)(F) 
(12 
U.S.C.
1817(j)(7)(F)), by striking ‘‘Bank Insurance Fund
or the Savings Association Insurance Fund’’ and in-
serting ‘‘Deposit Insurance Fund’’;
(10) 
in 
section 
8(t)(2)(C) 
(12 
U.S.C.
1818(t)(2)(C)), by striking ‘‘deposit insurance fund’’
and inserting ‘‘Deposit Insurance Fund’’;
(11) in section 11 (12 U.S.C. 1821)—
(A) by striking ‘‘deposit insurance fund’’
each place that term appears and inserting
‘‘Deposit Insurance Fund’’;
(B) by striking paragraph (4) of sub-
section (a) and inserting the following new
paragraph:
‘‘(4) DEPOSIT INSURANCE FUND.—
‘‘(A) ESTABLISHMENT.—There is estab-
lished the Deposit Insurance Fund, which the
Corporation shall—
‘‘(i) maintain and administer;
‘‘(ii) use to carry out its insurance
purposes, in the manner provided by this
subsection; and
‘‘(iii) invest in accordance with section
13(a).
‘‘(B) USES.—The Deposit Insurance Fund
shall be available to the Corporation for use
with respect to insured depository institutions
the deposits of which are insured by the De-
posit Insurance Fund.
‘‘(C) 
LIMITATION
ON
USE.—Notwith-
standing any provision of law other than section
13(c)(4)(G), the Deposit Insurance Fund shall
not be used in any manner to benefit any share-
holder or affiliate (other than an insured depos-
itory institution that receives assistance in ac-
cordance with the provisions of this Act) of—
‘‘(i) any insured depository institution
for which the Corporation has been ap-
pointed conservator or receiver, in connec-
tion with any type of resolution by the
Corporation;
‘‘(ii) any other insured depository in-
stitution in default or in danger of default,
in connection with any type of resolution
by the Corporation; or
‘‘(iii) any insured depository institu-
tion, in connection with the provision of as-
sistance under this section or section 13
with respect to such institution, except
that this clause shall not prohibit any as-
sistance to any insured depository institu-
tion that is not in default, or that is not
in danger of default, that is acquiring (as
defined in section 13(f)(8)(B)) another in-
sured depository institution.
‘‘(D) DEPOSITS.—All amounts assessed
against insured depository institutions by the
Corporation shall be deposited into the Deposit
Insurance Fund.’’;
(C) by striking paragraphs (5), (6), and
(7) of subsection (a); and
(D) by redesignating paragraph (8) of sub-
section (a) as paragraph (5);
(12) in section 11(f)(1) (12 U.S.C. 1821(f)(1)),
by striking ‘‘, except that—’’ and all that follows
through the end of the paragraph and inserting a
period;
(13) 
in 
section 
11(i)(3) 
(12 
U.S.C.
1821(i)(3))—
(A) by striking subparagraph (B);
(B) by redesignating subparagraph (C) as
subparagraph (B); and
(C) in subparagraph (B) (as so redesig-
nated), by striking ‘‘subparagraphs (A) and
(B)’’ and inserting ‘‘subparagraph (A)’’;
(14) 
in 
section 
11(p)(2)(B) 
(12 
U.S.C.
1821(p)(2)(B)), by striking ‘‘institution, any’’ and
inserting ‘‘institution, the’’;
(15) in section 11A(a) (12 U.S.C. 1821a(a))—
(A) in paragraph (2), by striking ‘‘LIABIL-
ITIES.—’’ and all that follows through ‘‘Except’’
and inserting ‘‘LIABILITIES.—Except’’;