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Notes

§206.6. Waiver.

12 C.F.R. § 206.6

The Board may waive the application of § 206.4(a) of this part to a bank if the primary Federal supervisor of the bank advises the Board that the bank is not reasonably able to obtain necessary services, including payment-related services and placement of funds, without incurring exposure to a correspondent in excess of the otherwise applicable limit.
Notes, amendments, and revision history

Authority

Authority: 12 U.S.C. 371b-2

Source

Source: Reg. F, 57 FR 60106, Dec. 18, 1992, unless otherwise noted.