StacksVerified U.S. regulatory reference

12 CFR §390.424

Verified against eCFR.gov as of June 20, 2026View official text on eCFR.gov ↗
Any requests to the FDIC for interpretive advice or a waiver with respect to any provision of this subpart shall satisfy the following requirements:
  1. (a)A copy of the request, including any attachments, shall be filed with the FDIC;
  2. (b)The provisions of this subpart to which the request relates, the participants in the proposed transaction, and the reasons for the request, shall be specifically identified or described; and
  3. (c)The request shall include a legal opinion as to each legal issue raised and an accounting opinion as to each accounting issue raised.