Regulations last checked for updates: May 18, 2024

Title 12 - Banks and Banking last revised: May 14, 2024
§ 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.

authority: 12 U.S.C. 371b-2
source: Reg. F, 57 FR 60106, Dec. 18, 1992, unless otherwise noted.
cite as: 12 CFR 206.6