§390.423. Waiver.
12 C.F.R. § 390.423
The FDIC may waive any requirement of this subpart, or any required information:
Determined to be unnecessary by the FDIC;
In connection with a transaction approved by the FDIC for supervisory reasons, or
Where a provision of this subpart conflicts with a requirement of applicable state law.
Any condition, stipulation or provision binding any person acquiring a security issued by a State savings association which seeks to waive compliance with any provision of this subpart shall be void, unless approved by the FDIC.
Notes, amendments, and revision history
Authority
Authority: 12 U.S.C. 1819. Subpart Q also issued under 12 U.S.C. 1462; 1462a; 1463; 1464. Subpart W also issued under 12 U.S.C. 1462a; 1463; 1464; 15 U.S.C. 78c; 78l; 78m; 78n; 78p; 78w.
Source
Source: 76 FR 47655, Aug. 5, 2011, unless otherwise noted.