Federal Deposit
Insurance Corporation

[Page 65415]

Federal Deposit Insurance Corporation (FDIC) Proposed Rule Stage

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4413. RESTRICTIONS ON SALE OF ASSETS BY THE FDIC

Priority: Substantive, Nonsignificant

Legal Authority: 12 USC 1819; PL 103-204

CFR Citation: 12 CFR 340

Legal Deadline: None

Abstract: This regulatory action implements provisions in the
Resolution Trust Corporation Completion Act of 1993 that require assets
held by the FDIC in the course of liquidating federally insured
depository institutions not to be sold to persons who, in ways
specified in the Act, contributed to the demise of the institution.

Timetable:
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Action Date FR Cite

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NPRM 09/21/99 64 FR 51084
NPRM Comment Period End 12/20/99
Final Action 05/00/00

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Agency Contact: Steve Trout, Division of Resolutions and Receiverships,
Federal Deposit Insurance Corporation, Washington, DC 20429
Phone: 202 416-4231

RIN: 3064-AB37
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