Repeal of Thrift Depositor Protection Oversight Board's General Regulations and Transfer of Authority of Regulations Related to Resolution Funding Corporation to the Secretary of the Treasury
other · Treasury · Rule · Published 1998-10-27 · Effective 1998-10-28 · 63 FR 57236
Document
Document number
98-28681
Federal Register citation
63 FR 57236
Type
Rule
Action
Final rule.
Category
other
Sub-agency
Treasury
Publication date
1998-10-27
Effective date
1998-10-28
Abstract
Pursuant to the Homeowners Protection Act of 1998, the Thrift Depositor Protection Oversight Board (the Board) will be abolished on October 28, 1998. On that date authority of the Board related to the Resolution Funding Corporation (Refcorp) is transferred to the Secretary of the Treasury. This rule repeals regulations of the Board that will not be needed after the Board is abolished and designates remaining regulations as regulations of the Department of the Treasury.