12 C.F.R. § 206.6

Current through October 31, 2024
Section 206.6 - Waiver

The Board may waive the application of § 206.4(a) of this part to a bank if the primary Federal supervisor of the bank advises the Board that the bank is not reasonably able to obtain necessary services, including payment-related services and placement of funds, without incurring exposure to a correspondent in excess of the otherwise applicable limit.

12 C.F.R. §206.6