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Any QFI that is or becomes a bank holding company or a savings and loan holding company and participates in the TARP Capital Purchase Program must maintain its status as a bank or thrift holding company for as long as Treasury holds preferred stock and/or warrants in the company. A bank or thrift holding company seeking to terminate its status as such must fully redeem all preferred stock and warrants held by Treasury prior to terminating its status.
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financialstability.gov
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a bank holding company or a savings and loan holding company and continue to participate in the CPP?
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