Filing procedures and waiver of prior notice.

CFR · 2024-01-01 · US · Title 12

(a) (1) Is not in compliance with all minimum capital requirements applicable to the FDIC-supervised institution as determined on the basis of the institution's most recent report of condition or report of examination; (2) Is in troubled condition; or (3) The FDIC determines, in connection with its review of a capital restoration plan required under section 38(e)(2) of the FDI Act (12 U.S.C. 1831o(e)(2)) or otherwise, that such notice is appropriate. (b) (c) (i) Delay would threaten the safety and soundness of the FDIC-supervised institution; (ii) Delay would not be in the public interest; or (iii) Other extraordinary circumstances exist that justify waiver of prior notice. (2) (3) (d)(1) (2)

official document · source cfr-2024 · id 12:§ 303.102