Requests for review of credit amount.

CFR · 2024-01-01 · US · Title 12

(a)(1) As soon as practicable after the publication date of this rule, the FDIC shall notify each insured depository institution by FDIC (i) The institution disagrees with a determination as to eligibility for the credit that relates to that institution's credit amount; (ii) The institution disagrees with the calculation of the credit as stated on the Statement; or (iii) The institution believes that the 1996 assessment base ratio attributed to the institution on the Statement does not fully or accurately reflect its own 1996 assessment base or appropriate adjustments for successors. (2) If an institution does not submit a timely request for review, that institution is barred from subsequently requesting review of its credit amount, subject to paragraph (e) of this section. (b)(1) An insured depository institution may submit a request for review of the FDIC's adjustment to the credit amount in a quarterly invoice within 30 days of the date on which the FDIC provides the invoice. Such review may be requested if: (i) The institution disagrees with the calculation of the credit as stated on the invoice; or (ii) The institution believes that the 1996 assessment base ratio attributed to the institution due to the adjustment to the invoice does not fully or accurately reflect appropriate adjustments for successors since the last quarterly invoice. (2) If an institution does not submit a timely request for review, that institution is barred from subsequently requesting review of its

official document · source cfr-2024 · id 12:§ 327.36