- (a) Scope. This section contains the procedures to be followed by an insured depository institution to seek the prior consent of the FDIC for additional time to fulfill a condition required in an approval of a filing issued by the FDIC or to consummate a transaction which was the subject of an approval by the FDIC.
- (b) Where to file. Applicants shall submit a letter application to the appropriate FDIC office.
(c) Content of filing. The application shall contain the following information:
- (1) A description of the original approved application;
- (2) Identification of the original time limitation;
- (3) The additional time period requested; and
- (4) The reason for the request.
- (d) Additional information. The FDIC may request additional information at any time during processing of the filing.
- (e) Processing. The FDIC will provide the applicant with written notification of the final action as soon as the decision is rendered.
[67 FR 79247, Dec. 27, 2002. Redesignated at 71 FR 20526, Apr. 21, 2006]