12 CFR §327.30

1. (a)Scope. This subpart B of part 327 implements the one-time assessment credit required by section 7(e)(3) of the Federal Deposit Insurance Act, 12 U.S.C. 1817(e)(3) and applies to insured depository institutions.
2. (b)Purpose. This subpart B of part 327 sets forth the rules for:
   1. (1)Determination of the aggregate amount of the one-time credit;
   2. (2)Identification of eligible insured depository institutions;
   3. (3)Determination of the amount of each eligible institution's December 31, 1996 assessment base ratio and one-time credit;
   4. (4)Transferability of credit amounts among insured depository institutions;
   5. (5)Application of such credit amounts against assessments; and
   6. (6)An institution's request for review of the FDIC's determination of a credit amount.