Title 12, Part 340 — Restrictions on Sale of Assets of a Failed Institution by the Federal Deposit Insurance Corporation
8 sections
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?