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§327.30. Purpose and scope.

12 C.F.R. § 327.30

(a)
Scope. This subpart B of part 327 implements the one-time assessment credit required by section 7(e)(3) of the Federal Deposit Insurance Act, 12 U.S.C. 1817(e)(3) and applies to insured depository institutions.
(b)
Purpose. This subpart B of part 327 sets forth the rules for:
(1)
Determination of the aggregate amount of the one-time credit;
(2)
Identification of eligible insured depository institutions;
(3)
Determination of the amount of each eligible institution's December 31, 1996 assessment base ratio and one-time credit;
(4)
Transferability of credit amounts among insured depository institutions;
(5)
Application of such credit amounts against assessments; and
(6)
An institution's request for review of the FDIC's determination of a credit amount.
Notes, amendments, and revision history

Authority

Authority: 12 U.S.C. 1817(e)(3).

Source

Source: 71 FR 61383, Oct. 18, 2006, unless otherwise noted.

Authority

Authority: 12 U.S.C. 1813, 1815, 1817-19, 1821, 1823.

Source

Source: 54 FR 51374, Dec. 15, 1989, unless otherwise noted.