31 CFR · Money and Finance: Treasury
§ 149.3 — Maximum obligation limitation.
31 CFR § 149.3
TitleTitle 31: Money and Finance: TreasuryPartPart 149: Calculation of Maximum Obligation Limitation
SourceeCFR (current through Mar 30, 2026)
This text of 31 C.F.R. § 149.3 (Maximum obligation limitation.) is published on Counsel Stack Legal Research, covering United States primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
31 C.F.R. § 149.3 (2026).
Text
§ 149.3 Maximum obligation limitation. The FDIC shall not, in connection with the orderly liquidation of a covered financial company, issue or incur any obligation, if, after issuing or incurring the obligation, the aggregate amount of such obligations outstanding for each covered financial company would exceed—
(a)An amount that is equal to 10 percent of the total consolidated assets of the covered financial company, based on the most recent financial statement available, during the 30-day period immediately following the date of appointment of the FDIC as receiver (or a shorter time period if the FDIC has calculated the amount described under paragraph (b) of this section); and
(b)The amount that is equal to 90 percent of the fair value of the total consolidated assets of each covere
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Bluebook (online)
31 C.F.R. § 149.3, Counsel Stack Legal Research, https://law.counselstack.com/cfr/31/149/149.3.