Applicability.

  1. Law
  2. CFR 12
  3. Banks and Banking
  4. Federal Reserve System
  5. Board of Governors of the Federal Reserve System
  6. Savings and Loan Holding Companies (Regulation LL)
  7. Risk Committee Requirement for Covered Savings and Loan Holding Companies With Total Consolidated Assets of $50 Billion or More and Less Than $100 Billion
  8. Applicability.

Checkout our iOS App for a better way to browser and research.

§ 238.118 Applicability.

(a) General applicability. A covered savings and loan bank holding company must comply with the risk-committee requirements set forth in this subpart beginning on the first day of the ninth quarter following the date on which its average total consolidated assets equal or exceed $50 billion.

(b) Cessation of requirements. A covered savings and loan holding company will remain subject to the requirements of this subpart until the earlier of the date on which:

(1) Its total consolidated assets are below $50 billion for each of four consecutive calendar quarters; and

(2) It becomes subject to the requirements of subpart N of this part.


Download our app to see the most-to-date content.