federal savings and loan insurance corporation

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.]

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译员Joanne，亚洲顶尖法学院国际贸易专业，专注翻译各种与复杂国际贸易有关的法律文件。