The brand new Agency suggested to apply the fresh EGRRCPA part 108 difference uniform with this particular understanding of the minimal scope
Proposed the new (b)(2)(vi) will have codified the fresh new area 108 difference by the towering just like the a good precondition a bar on the the use with deals associated with send requirements, as the informed me a lot more than regarding conversation of one’s pass commitments provision, (b)(2)(v), and restricting their used to insured depository establishments and you will insured credit unions. Another criteria to your exclusion would-have-been adopted during the suggested subparagraphs…
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