12 C.F.R. § 206.6

Waiver.

Last amended: 2017Year: 2026Length: 57 wordsOfficial source

Cite as 12 C.F.R. § 206.6 (2026)

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.
Cross-references to the CFR
206.4
12 C.F.R. § 206.6: Waiver. | Justis AI