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e-CFR data is current as of January 26, 2021 |
Title 12 → Chapter VI → Subchapter B → Part 611 → Subpart P → §611.1290 |
Title 12: Banks and Banking
PART 611—ORGANIZATION
Subpart P—Termination of System Institution Status
§611.1290 Continuation of borrower rights.
You may not require a waiver of contractual borrower rights provisions as a condition of borrowing from and owning equity in the successor institution. Institutions that become other financing institutions on termination must comply with the applicable borrower rights provisions in the Act and part 617 of this chapter.