---
kind: "section"
citation: "12 C.F.R. § 381.7"
title: "12"
number: "381.7"
heading: "Informational content of a reduced resolution plan."
url: "https://uscodex.org/cfr/12/381.7"
---

# §381.7. Informational content of a reduced resolution plan.

- (a) **Reduced resolution plan content.** Each reduced resolution plan of a covered company shall include:
  - (1) A description of each material change experienced by the covered company since the filing of the covered company's previously submitted resolution plan (or affirmation that no such material change has occurred); and
  - (2) A description of changes to the strategic analysis that was presented in the covered company's previously submitted resolution plan resulting from any:
    - (i) Change in law or regulation;
    - (ii) Guidance or feedback from the Board and the Corporation; or
    - (iii) **Material change described pursuant to paragraph (a)(1) of this section.**
- (b) **Deemed incorporation by reference.** If a covered company does not include in its reduced resolution plan a description of changes to any information set forth in section [165(d)(1)(A)](/cfr/12/165.md?p=d-1-A), [(B)](/cfr/12/165.md?p=d-1-B), or [(C)](/cfr/12/165.md?p=d-1-C) of the Dodd-Frank Act (12 U.S.C. [5365(d)(1)(A)](/usc/12/5365.md?p=d-1-A), [(B)](/usc/12/5365.md?p=d-1-B), or [(C)](/usc/12/5365.md?p=d-1-C)) since its previously submitted resolution plan, such information from its previously submitted resolution plan are incorporated by reference into its reduced resolution plan.

## Notes

### Authority

Authority: 12 U.S.C. 5365(d).

### Source

Source: 84 FR 59228, Nov. 1, 2019, unless otherwise noted.