other · Treasury · Rule · Published 2001-03-15 · Effective 2001-03-15 · 66 FR 15015
Document
Document number
01-6399
Federal Register citation
66 FR 15015
CFR reference
12 CFR 506
Type
Rule
Action
Interim rule with request for comments.
Category
other
Sub-agency
Treasury
Publication date
2001-03-15
Effective date
2001-03-15
Treasury docket
No. 2001-13
Abstract
The Office of Thrift Supervision (OTS) is revising its regulations to implement the recent repeal of a statutory liquidity requirement. Today's rule removes the existing regulation that requires savings associations to maintain an average daily balance of liquid assets of at least four percent of its liquidity base. This rule also makes necessary conforming changes.