Source: https://www.law.cornell.edu/cfr/text/12/303.7
Timestamp: 2017-05-27 01:04:58
Document Index: 104312872

Matched Legal Cases: ['art 303', '§ 378', '§ 1464', '§ 1813', '§ 1815', '§ 1817', '§ 1818', '§ 1819', '§ 1820', '§ 1823', '§ 1828', '§ 1831', '§ 1831', '§ 1831', '§ 1831', '§ 1831', '§ 1835', '§ 1843', '§ 3104', '§ 3105', '§ 3108', '§ 3207']

12 CFR 303.7 - Public notice requirements. | US Law | LII / Legal Information Institute
CFR › Title 12 › Chapter III › Subchapter A › Part 303 › Subpart A › Section 303.7 12 CFR 303.7 - Public notice requirements.
(a)General. The public must be provided with prior notice of a filing to establish a domestic branch, relocate a domestic branch or the main office, relocate an insured branch of a foreign bank, engage in a merger transaction, initiate a change of control transaction, or request deposit insurance. The public has the right to comment on, or to protest, these types of proposed transactions during the relevant comment period. In order to fully apprise the public of this right, an applicant shall publish a public notice of its filing in a newspaper of general circulation. For specific publication requirements, consult subparts B (Deposit Insurance), C (Branches and Relocations), D (Merger Transactions), E (Change in Bank Control), and J (International Banking) of this part. (b)Confirmation of publication. The applicant shall mail or otherwise deliver a copy of the newspaper notice to the appropriate FDIC office as part of its filing, or, if a copy is not available at the time of filing, promptly after publication. (c)Content of notice.
(1) The public notice referred to in paragraph (a) of this section shall consist of the following: (i)Name and address of the applicant(s). In the case of an application for deposit insurance for a de novo bank, include the names of all organizers or incorporators. In the case of an application to establish a branch, include the location of the proposed branch or, in the case of an application to relocate a branch or main office, include the current and proposed address of the office. In the case of a merger application, include the names of all parties to the transaction. In the case of a notice of acquisition of control, include the name(s) of the acquiring parties. In the case of an application to relocate an insured branch of a foreign bank, include the current and proposed address of the branch. (ii) Type of filing being made; (iii) Name of the depository institution(s) that is the subject matter of the filing; (iv) That the public may submit comments to the appropriate FDIC regional director; (v) The address of the appropriate FDIC office where comments may be sent (the same location where the filing will be made); (vi) The closing date of the public comment period as specified in the appropriate subpart; and (vii) That the nonconfidential portions of the application are on file in the appropriate FDIC office and are available for public inspection during regular business hours; photocopies of the nonconfidential portion of the application file will be made available upon request. (2) The requirements of paragraphs (c)(1)(iv) through (vii) of this section may be satisfied through use of the following notice:
(d)Multiple transactions. The FDIC may consider more than one transaction, or a series of transactions, to be a single filing for purposes of the publication requirements of this section. When publishing a single public notice for multiple transactions, the applicant shall explain in the public notice how the transactions are related. The closing date of the comment period shall be the closing date of the longest public comment period that applies to any of the related transactions. (e)Joint public notices. For a transaction subject to public notice requirements by the FDIC and another federal or state banking authority, the FDIC will accept publication of a single joint notice containing all the information required by both the FDIC and the other federal agency or state banking authority, provided that the notice states that comments must be submitted to the appropriate FDIC office and, if applicable, the other federal or state banking authority. (f) Where public notice is required, the FDIC may determine on a case-by-case basis that unusual circumstances surrounding a particular filing warrant modification of the publication requirements. This is a list of United States Code sections, Statutes at Large, Public Laws, and Presidential Documents, which provide rulemaking authority for this CFR Part.This list is taken from the Parallel Table of Authorities and Rules provided by GPO [Government Printing Office].It is not guaranteed to be accurate or up-to-date, though we do refresh the database weekly. More limitations on accuracy are described at the GPO site.United States CodeU.S. Code: Title 12 - BANKS AND BANKING§ 378 - Dealers in securities engaging in banking business; individuals or associations engaging in banking business; examinations and reports; penalties§ 1464 - Federal savings associations§ 1813 - Definitions§ 1815 - Deposit insurance§ 1817 - Assessments§ 1818 - Termination of status as insured depository institution§ 1819 - Corporate powers§ 1820 - Administration of Corporation§ 1823 - Corporation monies§ 1828 - Regulations governing insured depository institutions§ 1831a - Activities of insured State banks§ 1831e - Activities of savings associations§ 1831o - Prompt corrective action§ 1831p-1§ 1831w - Safety and soundness firewalls applicable to financial subsidiaries of banks§ 1835a - Prohibition against deposit production offices§ 1843 - Interests in nonbanking organizations§ 3104 - Insurance of deposits§ 3105 - Authority of Federal Reserve System§ 3108 - Regulation and enforcement§ 3207 - Rules and regulations
12 CFR 303.65 — Public Notice Requirements.
12 CFR 303.44 — Public Notice Requirements.
12 CFR 303.87 — Public Notice Requirements.
12 CFR 303.23 — Public Notice Requirements.