Code of Federal Regulations (alpha)

CFR /  Title 12  /  Part 370  /  Sec. 370.8 Systemic risk emergency special assessment to recover loss.

To the extent that the assessments provided under Sec. 370.6 orSec. 370.7, other than the surcharges provided in Sec. 370.6(h), are insufficient to cover any loss or expenses arising from the temporary liquidity guarantee program, the Corporation shall impose an emergency special assessment on insured depository institutions as provided under 12 U.S.C. 1823(c)(4)(G)(ii) of the FDI Act. [74 FR 12085, Mar. 23, 2009]