StacksVerified U.S. regulatory reference

12 CFR §390.423

Verified against eCFR.gov as of June 20, 2026View official text on eCFR.gov ↗
  1. (a)The FDIC may waive any requirement of this subpart, or any required information:
    1. (1)Determined to be unnecessary by the FDIC;
    2. (2)In connection with a transaction approved by the FDIC for supervisory reasons, or
    3. (3)Where a provision of this subpart conflicts with a requirement of applicable state law.
  2. (b)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.