[Code of Federal Regulations]
[Title 12, Volume 2]
[Revised as of January 1, 2003]
From the U.S. Government Printing Office via GPO Access
[CITE: 12CFR206.6]

[Page 196]
 
                       TITLE 12--BANKS AND BANKING
 
                   CHAPTER II--FEDERAL RESERVE SYSTEM
 
PART 206--LIMITATIONS ON INTERBANK LIABILITIES (REGULATION F)--Table of Contents
 
Sec. 206.6  Waiver.

    The Board may waive the application of Sec. 206.4(a) of this part to 
a bank if the primary Federal supervisor of the bank advises the Board 
that the bank is not reasonably able to obtain necessary services, 
including payment-related services and placement of funds, without 
incurring exposure to a correspondent in excess of the otherwise 
applicable limit.

[[Page 197]]