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12 CFR 650.25

§ 650.25 Report to Congress.

United States · 12 CFR — Banks and Banking · Status: effective

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12 CFR 650.25, § 650.25 Report to Congress, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/48262
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Full text

On a determination by the receiver that there are insufficient assets of the receivership to pay all valid claims against the receivership, the receiver shall submit to the Secretary of the Treasury and Congress a report on the financial condition of the receivership.

Legislative history

This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.