§303.42. Filing procedures. — Inbound Citations
12 C.F.R. § 303.42
Statutory Authority
Cited by 3 regulations in release Current.
Citations to 12 C.F.R. § 303.42 as a whole
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(1) A filing submitted by an eligible insured branch as defined in § 303.181(c) will be acknowledged in writing by the FDIC and will receive expedited processing if the filer is proposing to move within the same State. A filing processed under expedited processing will be deemed approved on the third business day after the FDIC's receipt of a letter filing that includes the information set forth in § 303.42.
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(ii) Notwithstanding the inapplicability of §§ 303.42 through 303.44, an insured State nonmember bank is required to provide reasonable advance written notice to customers of the branch undergoing a de minimis address change and advance notice to the appropriate FDIC office.
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(1) The third business day after receipt by the FDIC of a letter filing that includes the information set forth in § 303.42; or