§246.3. Assessed companies. — Inbound Citations
12 C.F.R. § 246.3
Statutory Authority
Cited by 1 regulation in release Current.
Citations to 12 U.S.C. § 246.3 as a whole
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(2) In any assessment period, if, at the time a company becomes a bank holding company or savings and loan holding company, it also becomes an assessed company, as defined in § 246.3, the Board shall pro-rate that company's assessment for that assessment period based on the number of quarters in which such company is an assessed company. For a nonbank financial company supervised by the Board, for the assessment period that the company is designated for Board supervision, Board shall pro-rate that company's assessment for that assessment period based on the number of quarters the company has been a nonbank financial company supervised by the Board.