Skip Header

Federal Deposit
Insurance Corporation

Each depositor insured to at least $250,000 per insured bank


[November 9, 1998 (Volume 63, Number 216)]
[Unified Agenda]
From the Federal Register Online via GPO Access [frwais.access.gpo.gov]
[DOCID:ua09no98_052-2]

[Page 62699]
 
FEDERAL DEPOSIT INSURANCE CORPORATION (FDIC)        Proposed Rule Stage

_______________________________________________________________________
 
4444. 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:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/00/98

Regulatory Flexibility Analysis Required: 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
_______________________________________________________________________





Skip Footer back to content