§370.6. Implementation. — Inbound Citations
12 C.F.R. § 370.6
Statutory Authority
Cited by 2 regulations in release Current.
Citations to §370.6(b)
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(c) A covered institution that has submitted a request pursuant to § 370.6(b) or § 370.8(a) through (c) will not be considered to be in violation of this part as to the requirements that are the subject of the request while awaiting the FDIC's response to such request.
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(d) means, except as otherwise provided in § 370.6(b):(1) April 1, 2020, for any insured depository institution that was a covered institution as of April 1, 2017;(2) The date that is three years after the date on which an insured depository institution becomes a covered institution; or(3) The date on which an insured depository institution that elects to be a covered institution under § 370.2(c)(2) files its first certification of compliance and deposit insurance coverage summary report pursuant to § 370.10(a).