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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_052-5]

[Page 62700]
 
FEDERAL DEPOSIT INSURANCE CORPORATION (FDIC)        Proposed Rule Stage

_______________________________________________________________________
 
4447. MANAGEMENT INTERLOCKS ACT

Priority:  Substantive, Nonsignificant

Legal Authority:  12 USC 93a; 12 USC 3201 to 3208

CFR Citation:  12 CFR 348

Legal Deadline: None

Abstract: This rulemaking is sponsored jointly by the OCC, the FRS, the 
OTS and the FDIC. It conforms the management interlocks rules to recent 
statutory changes, modernizes and clarifies the rules, and reduces 
unnecessary regulatory burdens where feasible, consistent with 
statutory requirements.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            08/11/98                    63 FR 43052
NPRM Comment Period End         10/13/98
Final Action                    04/00/99

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Curtis Vaughn, Examination Specialist, Division of 
Supervision, Federal Deposit Insurance Corporation, Washington, DC 
20429
Phone: 202 898-6759

RIN: 3064-AC08
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