FDIC Federal Register Citations

[April 25, 1997 (Volume 62, Number 80)]

[Unified Agenda]

From the Federal Register Online via GPO Access [frwais.access.gpo.gov]

[Page 22654]

Part LI

Federal Deposit Insurance Corporation

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FEDERAL DEPOSIT INSURANCE CORPORATION (FDIC) Completed Actions

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4108. ELIGIBILITY FOR DEPOSIT INSURANCE; BEING ENGAGED IN THE BUSINESS

OF RECEIVING DEPOSITS OTHER THAN TRUST FUNDS AND RELATED ITEMS

Priority: Substantive, Nonsignificant

Legal Authority: 12 USC 1815; 12 USC 1819

CFR Citation: 12 CFR ch III

Legal Deadline: None

Abstract: The FDIC has never defined by way of regulation or policy

statement what constitutes being ``engaged in the business of receiving

deposits other than trust funds.'' The FDIC was considering a

rulemaking to do that, but the staff review concluded that no amendment

is needed at this time.

Timetable:

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Action Date FR Cite

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End Review 02/05/97

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Mark Mellon, Counsel, Legal Division, Federal Deposit

Insurance Corporation, Washington, DC 20429

Phone: 202 898-3854

RIN: 3064-AB40

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