Waiver.

CFR · 2024-01-01 · US · Title 12

The Board may waive the application of § 206.4(a) of this part to a bank if the primary Federal supervisor of the bank advises the Board that the bank is not reasonably able to obtain necessary services, including payment-related services and placement of funds, without incurring exposure to a correspondent in excess of the otherwise applicable limit.

official document · source cfr-2024 · id 12:§ 206.6