Prudential standard Clause Samples
Prudential standard. If the Direc- tor makes a determination under para- graph (d)(3) of this section, § 1240.11 will be a prudential standard adopted under section 1313B of the Safety and Sound- ness Act (12 U.S.C. 4513b) until the compliance date of § 1240.10. [85 FR 82198, Dec. 17, 2020, as amended at 87 FR 33429, June 2, 2022] EFFECTIVE DATE NOTE: At 88 FR 83476, Nov. 30, 2023, § 1240.4 was amended by in paragraph (c) by removing the year ‘‘2025’’ and adding in its place the year ‘‘2028’’, effective Apr. 1, 2024.
Prudential standard. If the Direc- tor makes a determination under para- graph (d)(3) of this section, § 1240.11 will be a prudential standard adopted under section 1313B of the Safety and Sound- ness Act (12 U.S.C. 4513b) until the compliance date of § 1240.10.