Will the FDIC waive the prohibitions under § 366.3?

  1. Law
  2. CFR 12
  3. Banks and Banking
  4. Federal Deposit Insurance Corporation
  5. Regulations and Statements of General Policy
  6. Minimum Standards of Integrity and Fitness for an FDIC Contractor
  7. Will the FDIC waive the prohibitions under § 366.3?

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§ 366.7 Will the FDIC waive the prohibitions under § 366.3?

We may waive the prohibitions for entities other than individuals for good cause shown at our discretion when our need to contract for your services outweighs all relevant factors. The statute does not allow us to waive the prohibitions for individuals.


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