{{8-31-99 p.C-4754}}
[¶11,631] In the Matter of Mitsui Trust Bank (U.S.A.), New York City, New York, Docket No. FDIC-99-038p (6-25-99)
Status of bank as insured state nonmember bank terminated.
In the Matter of
MITSUI TRUST BANK (U.S.A.)
NEW YORK CITY,
NEW YORK
(Insured State Nonmember Bank)
ORDER OF TERMINATION OF INSURANCE
FDIC-99-038p
Pursuant to section 8(p) of the Federal Deposit Insurance Act, 12 U.S.C. §1818(p), the Federal Deposit Insurance Corporation (``FDIC''), hereby finds that Mitsui Trust Bank (U.S.A.), New York City, New York (``MTBUSA''), is not engaged in the business of receiving deposits, other than trust funds, and issues the following ORDER:
ORDER
IT IS HEREBY ORDERED, that the status of MTBUSA as an insured state nonmember bank be, and hereby is, terminated at the expiration of December 31, 1999, which is the last day of the first full semiannual assessment period following the date of issuance of this ORDER.
IT IS FURTHER ORDERED, that MTBUSA notify its depositors, if any, of the termination of its insured status no later than November 30, 1999, in the manner required by section 308.124(c) of the FDIC's Rules of Practice and Procedure, 12 C.F.R. §308.124(c).
Pursuant to delegated authority.
Dated at Washington, D.C., this 25th day of June, 1999.
