covered insured depository institution

(1) Definitions In this subsection— (A) the terms “agent institution”, “reciprocal deposits”, and “well capitalized” have the meanings given those terms in subsection (i); and (B) the term “covered insured depository institution” means an insured depository institution that— (i) under subsection (c) or (d), accepts funds obtained, directly or indirectly, by or through a deposit broker; or (ii) while acting as an agent institution under subsection (i), accepts reciprocal deposits while not well capitalized.

Source

12 USC § 1831f(e)(1)


Scoping language

In this subsection
Is this correct? or