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federal reserve Ba n k DALLAS, TEXAS of Dallas 75222 C i r c u l a r N o. 81-58 M a r c h 19, 1981 CORRECTIONS TO REVISED REGULATION Q PAMPHLET AND SUPPLEMENT TO ALL MEMBER BANKS AND OTHERS CONCERNED IN THE ELEVENTH FEDERAL RESERVE DISTRICT: R e f e r e n c e is m a d e to C i r c u l a r N o. 8 1 -3 5 , d a t e d F e b r u a r y 18, 1981, a n d a r e v i s e d R e g u la tio n Q p a m p h le t a n d s u p p le m e n t as a m e n d e d e ffec tiv e J a n u a r y 15, 1981. T h e p a m p h le t c o n t a in s a n e r r o r r e g a r d i n g th e d e fin itio n of th e te r m "tim e d e p o s i t s , o p e n a c c o u n t" . T h e e r r o r is on p a g e fo u r of th e p a m p h le t in S e c tio n 2 1 7 . 1 (d ) . T o c o r r e c t t h e e r r o r , th e l a n g u a g e of th e s e c tio n s h o u ld b e a m e n d e d b y c h a n g i n g th e n u m e r ic a l a m o u n t "30" to "14" so t h e s e c tio n r e a d s , " . . . o r p r i o r to t h e e x p i r a t i o n of th e p e r i o d of n o tic e w h ic h m u s t b e g iv e n b y th e d e p o s it o r i n w r i t i n g n o t le s s t h a n 14 d a y s in a d v a n c e of w ith d r a w a l " . A ls o , th e S u p p le m e n t to R e g u la tio n Q in S e c tio n 2 1 7 .7 (h ) c o n ta in s an e r r o r in fo rm a t w h ic h s h o u l d b e c o r r e c t e d b y s t r i k i n g th e l a n g u a g e "M axi mum P e r C ent" w h ic h a p p e a r s o n t h e t h i r d p a g e of t h e s u p p le m e n t so th e p a r a g r a p h r e a d s , " . . . on th e f i r s t d a y of s u c h p e r i o d f o r 2 6 -w e e k m oney m a r k e t tim e d e p o s i t s e s t a b l i s h e d p u r s u a n t to th e p r o v i s i o n s of S e c tio n 217.7(f) in effect a t th e tim e t h e o b lig a tio n w a s i s s u e d . " Q u e s tio n s c o n c e r n i n g t h e s e c h a n g e s s h o u l d b e d i r e c t e d to th e C o n s u m e r A ffa irs S e c tio n of o u r B a n k S u p e r v i s i o n a n d R e g u la tio n s D e p a r tm e n t, E x t. 6171. S in c e re ly y o u r s , William H . W allace F i r s t V ice P r e s i d e n t Banks and others are encouraged to use the fo llo w in g incom ing WATS numbers in c on tacting this Bank: 1-800-442-7140 (intrastate) and 1-800-527-9200 (interstate). For calls placed locally, please use 651 plus the extension referred to above. This publication was digitized and made available by the Federal Reserve Bank of Dallas' Historical Library (FedHistory@dal.frb.org)
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