§ 340.8Does this part apply in the case of a workout, resolution, or settlement of obligations?
The restrictions of §§ 340.3 and 340.4 do not apply if the sale or transfer of an asset resolves or settles, or is part of the resolution or settlement of, one or more obligations, regardless of the amount of such obligations.
Title 12 published on 2015-01-01.
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