12 CFR § 1253.8
Availability of new product to an Enterprise after it has been approved for the other Enterprise
November 10, 2020
CFR

(a) If the Director approves a new product for one Enterprise or the new product is otherwise available to that Enterprise under §1253.4, the other Enterprise may also undertake that new product, subject to submitting a request to the Director in the form of a Notice under §1253.3 and approval by the Director.

(b) The Director may require such further information from the requesting Enterprise as he or she deems necessary to approve or deny the request. Approving the request does not require public notice and comment.


Tried the LawStack mobile app?

Join thousands and try LawStack mobile for FREE today.

  • Carry the law offline, wherever you go.
  • Download CFR, USC, rules, and state law to your mobile device.