§ 206.6. Waiver.
57 words·~1 min read·
/us/cfr/t12/s§ 206.6·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
The Board may waive the application of § 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.