Calculation and reporting of premiums due.

CFR · 2024-01-01 · US · Title 12

(a) (b) (2) In accord with paragraph (b)(1) of this section, the premium payment for the 3rd Quarter 2008 (having been reduced by the Corporation acting under section 5.55(a)(3) of the Act) shall be equal to 25 percent of the following amount: (i) The average outstanding insured obligations issued by the bank for the period, after deducting from the obligations the percentages of the guaranteed portions of loans and investments described in section 5.55(a)(2) of the Act, multiplied by 0.0015; and (ii) The product obtained by multiplying— (A) The sum of— ( ( (B) By 0.0010. (3) In accord with paragraph (b)(1) of this section, the premium payment for the 4th Quarter 2008 (having been reduced by the Corporation acting under section 5.55(a)(3) of the Act) shall be equal to 25 percent of the following amount: (i) The average outstanding insured obligations issued by the bank for the period, after deducting from the obligations the percentages of the guaranteed portions of loans and investments described in section 5.55(a)(2) of the Act, multiplied by 0.0018; and (ii) The product obtained by multiplying— (A) The sum of— ( ( (B) By 0.0010. (c) (2) In accord with paragraph (c)(1) of this section, the premium payment for the period shall (unless reduced by the Corporation acting under section 5.55(a)(3) of the Act or under paragraph (d) of this section) be equal to: (i) The average outstanding insured obligations issued by the bank for the period, after deducting from the obligations t

official document · source cfr-2024 · id 12:§ 1410.3