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Electronic Code of Federal Regulations

e-CFR Data is current as of April 22, 2014

Title 12: Banks and Banking
PART 516—APPLICATION PROCESSING PROCEDURES
Subpart E—OTS Review


§516.250   Will OTS require me to publish a new public notice?

(a) If your application was subject to a publication requirement, OTS may require you to publish a new public notice of your application if:

(1) You submitted a revision to the application, you submitted new or additional information, or a major issue of law or a change in circumstances arose after the filing of your application; and

(2) OTS determines that additional comment on these matters is appropriate because of the significance of the new information or circumstances.

(b) OTS will notify you in writing if you must publish a new public notice of your revised application.

(c) If you are required to publish a new public notice of your revised application, you must notify OTS after you publish the new public notice.



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