Certification and other reporting and notification requirements for Other Regulated SBLCs.

CFR · 2024-01-01 · US · Title 13

(a) (1) Within 60 calendar days of the effective date of this section or (2) If the SBLC becomes subject to regulation by a Federal Financial Institution Regulator or state banking regulator after the effective date of this section for any reason (e.g. license transfers), within 60 days of the date that the SBLC becomes directly examined and directly regulated by such regulator. (b) (1) The identity of the Federal Financial Institution Regulator or state banking regulator that regulates the lending activities of the SBLC; (2) A statement that the Federal Financial Institution Regulator or state banking regulator identified in paragraph (b)(1) of this section regularly conducts safety and soundness examinations on the SBLC itself and not only on the SBLC's parent company or affiliate, if any; and (3) The date of the most recent safety and soundness examination conducted on the SBLC by the Federal Financial Institution Regulator or state banking (c) (d) (e) (f) (g)

official document · source cfr-2024 · id 13:§ 120.1511