Requests for interpretive advice or waiver.

CFR · 2024-01-01 · US · Title 12

Any requests to the FDIC for interpretive advice or a waiver with respect to any provision of this subpart shall satisfy the following requirements: (a) A copy of the request, including any attachments, shall be filed with the FDIC; (b) The provisions of this subpart to which the request relates, the participants in the proposed transaction, and the reasons for the request, shall be specifically identified or described; and (c) The request shall include a legal opinion as to each legal issue raised and an accounting opinion as to each accounting issue raised.

official document · source cfr-2024 · id 12:§ 390.424