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TREAS/OCC RIN: 1557-AE73 Publication ID: Spring 2020 
Title: ●Permissible Interest on Loans That are Sold, Assigned, or Otherwise Transferred 
Abstract:

The OCC issued a notice of proposed rulemaking that would clarify that when a bank sells, assigns, or otherwise transfers a loan, interest permissible prior to the transfer continues to be permissible following the transfer.

 
Agency: Department of the Treasury(TREAS)  Priority: Substantive, Nonsignificant 
RIN Status: First time published in the Unified Agenda Agenda Stage of Rulemaking: Final Rule Stage 
Major: Undetermined  Unfunded Mandates: No 
EO 13771 Designation: Independent agency 
CFR Citation: 12 CFR 7    12 CFR 160   
Legal Authority: 12 U.S.C. 1 et seq.    12 U.S.C. 25b    12 U.S.C. 29    12 U.S.C. 71    12 U.S.C. 71a    12 U.S.C. 92    12 U.S.C. 92a    12 U.S.C. 93    12 U.S.C. 93a    12 U.S.C. 95(b)(1)    12 U.S.C. 371    12 U.S.C. 371d    12 U.S.C. 481    12 U.S.C. 484    12 U.S.C. 1462a    12 U.S.C. 1462a    12 U.S.C. 1463    12 U.S.C. 1464    12 U.S.C. 1465    12 U.S.C. 1467a    12 U.S.C. 1701j-3    12 U.S.C. 1818    12 U.S.C. 1828    12 U.S.C. 1828(m)    12 U.S.C. 3803    12 U.S.C. 3806    12 U.S.C. 5412(b)(2)(B)    42 U.S.C. 4106   
Legal Deadline:  None
Timetable:
Action Date FR Cite
NPRM  11/21/2019  84 FR 64229   
NPRM Comment Period End  01/21/2020 
Final Rule  06/00/2020 
Regulatory Flexibility Analysis Required: No  Government Levels Affected: None 
Federalism: No 
Included in the Regulatory Plan: No 
RIN Information URL: https://www.regulations.gov/docket?D=OCC-2019-0027   Public Comment URL: https://www.regulations.gov/docket?D=OCC-2019-0027  
RIN Data Printed in the FR: No 
Agency Contact:
Karen McSweeney
Special Counsel
Department of the Treasury
Comptroller of the Currency
Chief Counsel's Office, 400 7th Street SW.,
Washington, DC 20219
Phone:202 649-6295
Email: karen.mcsweeney@occ.treas.gov

Andra Shuster
Senior Counsel
Department of the Treasury
Comptroller of the Currency
Chief Counsel's Office, 400 7th Street SW.,
Washington, DC 20219
Phone:202 649-6283
Email: andra.shuster@occ.treas.gov