12 CFR 303.250 - Modification of conditions.

§ 303.250 Modification of conditions.

(a)Scope. This section contains the procedures to be followed by an insured depository institution to seek the prior consent of the FDIC to modify the requirement of a prior approval of a filing issued by the FDIC.

(b)Where to file. Applicants should submit a letter application to the appropriate FDIC regional director.

(c)Content of filing. The application should contain the following information:

(1) A description of the original approved application;

(2) A description of the modification requested; and

(3) The reason for the request.

(d)Additional information. The FDIC may request additional information at any time during processing of the filing.

(e)Processing. The FDIC will provide the applicant with a written notification of the final action as soon as the decision is rendered.

[ 67 FR 79247, Dec. 27, 2002. Redesignated at 71 FR 20526, Apr. 21, 2006]

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