12 CFR 390.423
§ 390.423 Waiver.
United States · 12 CFR — Banks and Banking · Status: effective
Cite this
- Citation
- 12 CFR 390.423, § 390.423 Waiver, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/47298
- Permanent ID
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Full text
(a) The FDIC may waive any requirement of this subpart, or any required information:
(1) Determined to be unnecessary by the FDIC;
(2) In connection with a transaction approved by the FDIC for supervisory reasons, or
(3) Where a provision of this subpart conflicts with a requirement of applicable state law.
(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.
Legislative history
This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.