§ 617.7505. How will the qualified lender know when FCA is considering issuing a distressed loan restructuring directive?
50 words·~1 min read·
/us/cfr/t12/s§ 617.7505·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
When FCA intends to issue a distressed loan restructuring directive, it will notify the qualified lender in writing. The notice will state:
(a)The reasons FCA intends to issue a distressed loan restructuring directive;
(b)The proposed contents of the distressed loan restructuring directive; and
(c)Any other relevant information.