---
kind: "section"
citation: "12 C.F.R. § 211.7"
title: "12"
number: "211.7"
heading: "Voluntary liquidation of Edge and agreement corporations."
url: "https://uscodex.org/cfr/12/211.7"
---

# §211.7. Voluntary liquidation of Edge and agreement corporations.

- (a) **Prior notice.** An Edge or agreement corporation desiring voluntarily to discontinue normal business and dissolve, shall provide the Board with 45 days' prior written notice of its intent to do so.
- (b) **Waiver of notice period.** The Board may waive the 45-day period if it finds that immediate action is required by the circumstances presented.

## Notes

### Source

Source: Reg. K, 66 FR 54374, Oct. 26, 2001, unless otherwise noted.

### Authority

Authority: 12 U.S.C. 221 et seq., 1818, 1835a, 1841 et seq., 3101 et seq., 3901 et seq., and 5101 et seq.; 15 U.S.C. 1681s, 1681w, 6801 and 6805.