Regulations last checked for updates: Nov 22, 2024

Title 12 - Banks and Banking last revised: Nov 20, 2024
All TitlesTitle 12Chapter IIIPart 340 - PART 340—RESTRICTIONS ON SALE OF ASSETS OF A FAILED INSTITUTION BY THE FEDERAL DEPOSIT INSURANCE CORPORATION
View all text of Part 340 [§ 340.1 - § 340.8]
§ 340.6 - What is the effect of this part on transactions that were entered into before its effective date?

This part does not affect the enforceability of a contract of sale and/or agreement for seller financing in effect prior to July 1, 2000.

authority: 12 U.S.C. 1819 (Tenth), 1821(p)
source: 80 FR 22889, Apr. 24, 2015, unless otherwise noted.
cite as: 12 CFR 340.6
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