12 CFR 563f.9 - Interlocking relationships permitted pursuant to Federal Deposit Insurance Act.

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§ 563f.9 Interlocking relationships permitted pursuant to Federal Deposit Insurance Act.

A management official or prospective management official of a depository organization may enter into an otherwise prohibited interlocking relationship with another depository organization for a period of up to 10 years if such relationship is approved by the Federal Deposit Insurance Corporation pursuant to section 13(k)(1)(A)(v) of the Federal Deposit Insurance Act, as amended ( 12 U.S.C. 1823(k)(1)(A)(v)).

Title 12 published on 2015-12-05.

No entries appear in the Federal Register after this date, for 12 CFR Part 563f.