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FDIC Issues Final Statement of Policy on Private Investments in Failed Bank Assets |
September 4, 2009
Previously published on September 3, 2009
At its August 26 Board meeting, the Federal Deposit Insurance Corporation adopted a Statement of Policy on Qualifications for Failed Bank Acquisitions, which provides guidance on the terms and conditions that the FDIC is likely to require of private investors interested in acquiring or investing in failed insured depository institutions.
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The views expressed in this document are solely the views of the author and not Martindale-Hubbell. This document is intended for informational purposes only and is not legal advice or a substitute for consultation with a licensed legal professional in a particular case or circumstance. |
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