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§ 303.250 - Modification of conditions.

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Scope. This section contains the procedures to be followed by an insured depository institution to seek the prior consent of the FDIC to modify the requirement of a prior approval of a filing issued by the FDIC.

Where to file. Applicants should submit a letter application to the appropriate FDIC regional director.

Content of filing. The application should contain the following information:

A description of the original approved application;

A description of the modification requested; and

The reason for the request.

Additional information. The FDIC may request additional information at any time during processing of the filing.

Processing. The FDIC will provide the applicant with a written notification of the final action as soon as the decision is rendered.

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§ 303.250 - Modification of conditions.