Public notice, comments, hearings, and other provisions governing applications and notices.

CFR · 2024-01-01 · US · Title 12

(a) (b) (ii) (iii) (2) (ii) (3) (c) (2) (ii) (iii) (3) (d) (e) (f) (2) (i) The date of receipt by the Board of an application or notice that has been accepted by the Reserve Bank; (ii) The last day provided in any notice for receipt of comments and hearing requests on the application or notice; (iii) The date of receipt by the Board of the last relevant material regarding the application or notice that is needed for the Board's decision, if the material is received from a source outside of the Federal Reserve System; or (iv) The date of completion of any hearing or other proceeding. (g) (2) (h) (1) Immediately upon approval, if the Board has determined under paragraph (g) of this section that the application or notice involves a probable bank failure; (2) On or after the 5th calendar day following the date of approval, if the Board has determined under paragraph (g) of this section that an emergency exists requiring expeditious action; or (3) On or after the 15th calendar day following the date of approval, if the Board has not received any adverse comments from the United States Attorney General relating to the competitive factors and the Attorney General has consented to the shorter waiting period.

official document · source cfr-2024 · id 12:§ 225.16