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TREAS/OCC

RIN: 1557-AD08

Publication ID: Fall 2008

Title: ●Lending Limits
Abstract: The OCC issued an interim final rule to address temporary funding arrangements in emergency situations. The interim final rule enables the OCC to establish a special lending limit for loans and extensions of credit that the OCC determines are essential to address an emergency situation, will be of short duration, will be reduced in amount in a timeframe and manner acceptable to the OCC, and do not present unacceptable risk to the lending national bank.
Agency: Department of the Treasury(TREAS)	Priority: Substantive, Nonsignificant
RIN Status: First time published in the Unified Agenda	Agenda Stage of Rulemaking: Long-Term Actions
Major: No	Unfunded Mandates: No
CFR Citation: 12 CFR 32
Legal Authority: 12 USC 1 et seq 12 USC 84 12 USC 93a

Legal Deadline: None

Timetable:

Action	Date	FR Cite
Interim Final Rule	03/20/2008	73 FR 14922
Interim Final Rule Effective	03/20/2008
Interim Final Rule Comment Period End	04/21/2008
Final Action	To Be Determined

Regulatory Flexibility Analysis Required: No	Government Levels Affected: None
Federalism: No
Included in the Regulatory Plan: No
RIN Data Printed in the FR: No
Agency Contact: Patrick T. Tierney Counsel Department of the Treasury Comptroller of the Currency Legislative and Regulatory Activities Division, 400 7th Street SW., Washington, DC 20219 Phone:202 649-6291 Email: patrick.tierney@occ.treas.gov