Section 16Sec./Art. 16

Section 9 of the same Act, as renumbered, is further amended by inserting additional paragraphs after paragraph Twelfth, which shall read as follows:

Thirteenth To determine qualified interested acquirers or investors for any of the modes of resolution or liquidation of banks;

Fourteenth To determine the appropriate resolution method and to implement the same for a bank subject of resolution; and

Fifteenth To determine the appropriate mode of liquidation of a closed bank and to implement the same.