# Restrictions on Sale of Assets of a Failed Institution by the Federal Deposit Insurance Corporation
> **US Federal Deposit Insurance Corporation** · Final rule. · Published 2015-04-24 · Effective 2015-07-01 · 80 FR 22886
## Document
- **Document number:** 2015-09572
- **Category:** final-rule
- **Agency:** US Federal Deposit Insurance Corporation
- **Federal Register citation:** 80 FR 22886
- **CFR reference:** 12 CFR 340
- **Publication date:** 2015-04-24
- **Effective date:** 2015-07-01
## Abstract

With this final rule, the Federal Deposit Insurance Corporation (FDIC) is revising its rule concerning restrictions on the sale of assets of a failed institution under the Federal Deposit Insurance Act in order to clarify the purpose, scope and applicability of that rule and to make that rule more consistent with the FDIC's rule concerning restrictions on the sale of assets of a covered financial company under the Dodd-Frank Wall Street Reform and Consumer Protection Act.

## Source
- [Federal Register document](https://www.federalregister.gov/documents/2015/04/24/2015-09572/restrictions-on-sale-of-assets-of-a-failed-institution-by-the-federal-deposit-insurance-corporation)
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