CFR > Title 12 - Banks and Banking > CHAPTER IX—FEDERAL HOUSING FINANCE BOARD > SUBCHAPTER B—FEDERAL HOUSING FINANCE BOARD ORGANIZATION AND OPERATIONS (parts 905 to 912) > PART 907—PROCEDURES > SUBPART B—Waivers, Approvals, No-Action Letters, and Regulatory Interpretations (§907.2 to §907.7) > 907.3—Approvals.

907.3—Approvals.

(a) Application. A Bank or the Office of Finance may apply for an Approval of any transaction, activity, or item that requires Finance Board approval under the Act or a Finance Board rule, regulation, policy, or order in accordance with § 907.6, unless alternative application procedures are prescribed by the Act or a Finance Board rule, regulation, policy, or order for the transaction, activity, or item at issue.
(b) Reservation. The Finance Board reserves the right, in its discretion, to prescribe additional or alternative procedures for any application for Approval of a transaction, activity, or item.

Code of Federal Regulations

[64 FR 30883, June 9, 1999, as amended at 65 FR 8257, Feb. 18, 2000]