[Code of Federal Regulations]
[Title 5, Volume 3]
[Revised as of January 1, 2008]
From the U.S. Government Printing Office via GPO Access
[CITE: 5CFR3201.104]

[Page 695-696]
 
                    TITLE 5--ADMINISTRATIVE PERSONNEL
 
           CHAPTER XXII--FEDERAL DEPOSIT INSURANCE CORPORATION
 
PART 3201_SUPPLEMENTAL STANDARDS OF ETHICAL CONDUCT FOR EMPLOYEES OF THE 
 
Sec. 3201.104  Restrictions concerning the purchase of property held by the 

Corporation or the RTC as conservator, receiver, or liquidator of the assets 

of an insured depository institution, or by a bridge bank organized 

by the Corporation.

    (a) Prohibition on purchase of property. An employee, and an 
employee's spouse or minor child shall not, directly or indirectly, 
purchase or acquire any property held or managed by the Corporation or 
the Resolution Trust Corporation (RTC) as conservator, receiver, or 
liquidator of the assets of an insured depository institution, or by a 
bridge bank organized by the Corporation, regardless of the method of 
disposition of the property.
    (b) Disqualification. An employee who is involved in the disposition 
of assets held by the Corporation or the RTC as

[[Page 696]]

conservator, receiver, or liquidator of the assets of an insured 
depository institution, or by a bridge bank organized by the Corporation 
shall not participate in the disposition of assets held in such 
capacities when the employee knows that any party with whom the employee 
has a covered relationship, as defined in 5 CFR 2635.502(b)(1), is or 
will be attempting to acquire such assets. The employee shall provide 
written notification of the disqualification to his or her immediate 
supervisor and the agency designee.