Full text of District Notices (Federal Reserve Bank of Dallas) : Amendment (Rules Regarding Delegation of Authority), Circular No. 73-86

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F ederal Reserve

bank

DALLAS, TEXAS

of

Dallas

75222

C i r c u l a r No. 73-86
A p r i l 20, 1973

AMENDMEM1
(R u les R e g a rd in g D e le g a tio n o f A u t h o r i t y )

To A l l Member Banks, Bank H o ld in g Companies and
O thers C oncerned i n t h e E l e v e n th F e d e r a l R eserv e D i s t r i c t :

E f f e c t i v e March 23, 1973? t h e B oard o f G overnors
amended i t s R ules R eg a rd in g D e le g a tio n o f A u t h o r i t y . This
amendment e n a b le s a R eserv e Bank t o g r a n t t o a bank h o l d i n g
company an e x t e n s i o n o f tim e (up t o 90 d a y s) i n w hich t o
f i l e an a n n u a l r e p o r t i f t h e c i r c u m s ta n c e s w a r r a n t ; an d , f o r
good c a u se shown, a R eserv e Bank may g r a n t an a d d i t i o n a l
e x t e n s i o n o f tim e t o a bank h o l d i n g company i n w hich t o f i l e
i t s a n n u a l r e p o r t , n o t t o e x c e e d 90 d a y s .
A copy o f t h i s amendment i s p r i n t e d on t h e r e v e r s e
of th is c irc u la r.
Yours v e r y t r u l y ,
P. E. C o ld w e ll,
P re sid e n t

This publication was digitized and made available by the Federal Reserve Bank of Dallas' Historical Library (FedHistory@dal.frb.org)

BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM

RULES REGARDING DELEGATION OF AUTHORITY
A P P R O V A L O F E X T E N S IO N O F T IM E R E G A R D IN G
B A N K H O L D IN G

C O M P A N IE S F IL IN G

Effective with respect to bank holding company
extensions o f time in which to file annual reports
after March 23, 1973, § 265.2(f) is amended by
adding subparagraph (27) to read as follows:

A N N U A L REPORTS

tions headquartered in its district or under sub­
paragraph (25) o f this paragraph, as to its officers;

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SE C T IO N 2 65.2 — SPEC IFIC F U N C T IO N S
D E L E G A T E D TO B O A R D E M P L O Y E E S
A N D F E D E R A L R E SE R V E B A N K S .
*

*

#

*

$

(f)
Each Federal Reserve Bank is authorized,
as to member banks or other indicated organiza­

*

*

*

*

(2 7 ) Under the provisions o f section 5 ( c ) of the
Bank Holding Com pany Act, as amended (12
U.S.C. 1 8 4 4 ( c ) ), to grant to a bank holding co m ­
pany a 90-day extension o f time in which to file an
annual report; and for good cause shown an
additional extension of time, not to exceed 90 days,
may be granted.