12 C.F.R. § 206.6
Waiver
The Board may waive the application of § 206.4(a) of this part to a bank if the primary Federal supervisor of the bank advises the Board that the bank is not reasonably able to obtain necessary services, including payment-related services and placement of funds, without incurring exposure to a correspondent in excess of the otherwise applicable limit.
Notes of Decisions
Cited in 1
case, 1966–1966 · leading case: Charles A. Blaney v. Florida Nat'l Bank at Orlando, 357 F.2d 27 (5th Cir. 1966).
Charles A. Blaney v. Florida Nat'l Bank at Orlando, 357 F.2d 27 (5th Cir. 1966). “[Footnote 5 to this subsection “commended” to banks operating trust departments the statement of “principles” of trust institutions approved by the Executive Council of the American Bankers Association (Appendix to Regulation F of the Board of Governors of the Federal Reserve…”
Annotations are extracted automatically from the opinions in the
Syfert caselaw corpus and ranked by authority, recency, and
treatment. Dots show Syfertize treatment of the citing case itself.