Will the FDIC waive the prohibitions under § 366.3?

CFR · 2024-01-01 · US · Title 12

We may waive the prohibitions for entities other than individuals for good cause shown at our discretion when our need to contract for your services outweighs all relevant factors. The statute does not allow us to waive the prohibitions for individuals.

official document · source cfr-2024 · id 12:§ 366.7