§366.8. Who can grant a waiver of a prohibition or conflict of interest?
12 C.F.R. § 366.8
The FDIC's Board of Directors delegates to the Chairman, or his designee, authority to issue waivers and implement procedures for part 366.
Notes, amendments, and revision history
Authority
Authority: Section 9 (Tenth) of the Federal Deposit Insurance Act (FDI Act), 12 U.S.C. 1819 (Tenth); sections 12(f)(3) and (4) of the FDI Act, 12 U.S.C. 1822(f)(3) and (4); and section 19 of Pub. L. 103-204, 107 Stat. 2369.
Source
Source: 67 FR 69991, Nov. 20, 2002, unless otherwise noted.