Filing instructions.

CFR · 2024-01-01 · US · Title 12

(a) (b) (c) (1) Be in writing; (2) State the reasons why the troubled institution seeks to enter into the agreement or make the payment; (3) Identify the affiliated party or describe of the class or group of affiliated parties who would receive or be eligible to receive payment; (4) Include a copy of any agreement, including any plan document, contract, other agreement or policy regarding the subject matter of the request; (5) State the cost of the proposed payment or payments, and the impact on the capital and earnings of the troubled institution; (6) State the reasons why consent to the agreement or payment, or to both the agreement and payment, should be granted; (7) For any plan that the troubled institution believes is a nondiscriminatory benefit plan, other than a plan covered by § 1231.3(b)(3)(i), state the basis for the conclusion that the plan is nondiscriminatory; (8) For any bona fide deferred compensation plan or arrangement, state whether the plan would be exempt under this part but for the fact that it was either established or materially amended to increase benefits payable thereunder (except for changes required by law) within the one-year period prior to the regulated entity or the OF becoming a troubled institution; (9) For any agreement with an individual affiliated party, or for any payment, either: (i) State that the troubled institution is reasonably assured that the affiliated party has not engaged in any of the actions listed in § 1231.3(e)(1)(i) throu

official document · source cfr-2024 · id 12:§ 1231.6