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  4. SECTION 4
1-337

SECTION 4—Admission of Banks to Federal Deposit Insurance

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(b) Continuation of insurance upon becoming a member bank. In the case of an insured bank which is admitted to membership in the Federal Reserve System or an insured State bank which is converted into a national member bank, the bank shall continue as an insured bank.
[12 USC 1814(b). As added by act of Sept. 21, 1950 (64 Stat. 875) amended by acts of Aug. 9, 1989 (103 Stat. 194, 187) and Dec. 19, 1991 (105 Stat. 2249).]
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