Procedures for filing and processing notices.

CFR · 2024-01-01 · US · Title 12

(a) (b) (i) If the eligible investor is well capitalized and well managed; (ii) In an amount equal to cash dividends received from that export trading company during the preceding 12 calendar months; or (iii) That is acquired from an affiliate at net asset value or through a contribution of shares. (2) (i) The amount of the investment and the source of the funds with which the investment was made; and (ii) In the case of an initial investment, a description of the activities in which the export trading company proposes to engage and projections for the export trading company for the first year following the investment. (c) (2) (A) Taking title to goods where the export trading company does not have a firm order for the sale of those goods; (B) Product research and design; (C) Product modification; or (D) Activities not specifically covered by the list of activities contained in section 4(c)(14)(F)(ii) of the BHC Act (12 U.S.C. 1843(c)(14)(F)(ii)). (ii) Such an expansion of activities shall be regarded as a proposed investment under this subpart. (d) (2) The Board may extend the 60-day period for an additional 30 days if the Board determines that the investor has not furnished all necessary information or that any material information furnished is substantially inaccurate. The Board may disapprove an investment if the necessary information is provided within a time insufficient to allow the (3) Within three days of a decision to disapprove an investment, the Board shall notify

official document · source cfr-2024 · id 12:§ 211.34