federal charter

Frequency: 6.56.8 per million words

A charter granted by the federal government.

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Examples (10)

  • The bank operates under a federal charter, allowing it to do business across state lines.
  • The government has the authority to grant a federal charter to qualifying national institutions.
  • After a lengthy process, the credit union finally received its federal charter.
  • To become a national bank, the institution first needed to secure a federal charter.
  • The organization's federal charter outlines its powers, responsibilities, and limitations.
  • Lawmakers are debating whether to amend the corporation's federal charter.
  • If the company violates the regulations, its federal charter could be revoked.
  • A federal charter provides more regulatory oversight than a state one.
  • The university was established in 1867 by a federal charter signed by the president.
  • The process of applying for a federal charter is complex and requires extensive documentation.