Bridge Financial Company [Banks & Banking] Law & Legal Definition

Pursuant to 12 USCS § 5381 (3) [Title 12. Banks and Banking; Chapter 53. Wall Street Reform and Consumer Protection; Orderly Liquidation Authority], the term bridge financial company means “a new financial company organized by the Corporation in accordance with section 210(h) (12 USCS § 5390(h)] for the purpose of resolving a covered financial company.”