Restrictions on Sale of Assets of a Failed Institution by the Federal Deposit Insurance Corporation

  1. Law
  2. CFR 12
  3. Banks and Banking
  4. Federal Deposit Insurance Corporation
  5. Regulations and Statements of General Policy
  6. Restrictions on Sale of Assets of a Failed Institution by the Federal Deposit Insurance Corporation

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Section
340.1

What is the statutory authority for the regulation, what are its purpose and scope, and can the FDIC have other policies on related topics?

Section
340.2

Definitions.

Section
340.3

What are the restrictions on the sale of assets by the FDIC if the buyer wants to finance the purchase with a loan from the FDIC?

Section
340.4

What are the restrictions on the sale of assets by the FDIC regardless of the method of financing?

Section
340.5

Can the FDIC deny a loan to a buyer who is not disqualified from purchasing assets using seller-financing under this regulation?

Section
340.6

What is the effect of this part on transactions that were entered into before its effective date?

Section
340.7

When is a certification required, and who does not have to provide a certification?

Section
340.8

Does this part apply in the case of a workout, resolution, or settlement of obligations?