By: John Popeo , Lexis Practice Advisor Industrial loan companies (ILCs) and industrial banks are state-chartered entities originally formed to lend to industrial workers who were unable to obtain credit from traditional depository institutions. ILCS...

By: Eric S. Yoon , K&L Gates LLP This article covers Sections 23A and 23B of the Federal Reserve Act (FRA), which establish certain quantitative limits and other prudential requirements for loans, purchases of assets, and certain other transactions...

By: Christine N. Walz, Cynthia A. Gierhart, and Madelaine J. Harrington The Freedom of Information Act (FOIA) is a federal statute that mandates public access to certain U.S. government and administrative agency records upon submission of a request...