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TREAS/OCC RIN: 1557-AB40 Publication ID: Fall 1996 
Title: Extensions of Credit to National Bank Insiders; Regulation Review 
Abstract: The OCC, as part of the OCC Regulation Review Program, is reviewing all its rules and eliminating or modifying regulations that impose unnecessary burdens relative to maintaining safety and soundness and accomplishing other statutory responsibilities of the OCC. As part of that Program, the OCC is conducting an overall review of its rules regarding loans to insiders. The OCC proposed to adopt three exceptions to the limits on the amount of loans that a national bank may make to its executive officers. The OCC also proposed to eliminate unnecessary provisions and to clarify various provisions of the rule. 
Agency: Department of the Treasury(TREAS)  Priority: Substantive, Nonsignificant 
RIN Status: Previously published in the Unified Agenda Agenda Stage of Rulemaking: Completed Actions 
Major: No  Unfunded Mandates: No 
CFR Citation: 12 CFR 31   
Legal Authority: 12 USC 375a(4)    12 USC 375b(3)    12 USC 1817(k)    12 USC 1972(2)(G)(ii)   
Timetable:
Action Date FR Cite
NPRM  12/11/1995  60 FR 63461   
NPRM Comment Period End  02/09/1996  60 FR 63461   
Final Action  10/21/1996  61 FR 54533   
Final Action Effective  11/20/1996    
Regulatory Flexibility Analysis Required: No  Government Levels Affected: None 
Included in the Regulatory Plan: No 
Agency Contact:
Mark J. Tenhundfeld
Assistant Director
Department of the Treasury
Comptroller of the Currency
Legislative and Regulatory Activities Division, 250 E Street SW,
Washington, DC 20219
Phone:202 874-5090
Fax:202 874-4889
Email: mark.tenhundfeld@occ.treas.gov