Federal Savings and Loan Insurance Corporation Resolution Fund Law and Legal Definition

Federal Savings and Loan Insurance Corporation Resolution Fund (FRF) is a federal government organization created to replace the Federal Savings and Loan Insurance Corporation. The FRF along with the Savings Association Insurance Fund, replaced the FSLIC under the Financial Institutions Reform, Recovery and Enforcement Act of 1989. The Federal Resolution Fund received all assets and liabilities of the FSLIC and is responsible for completing the duties of the FSLIC.