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  3. Regulation LL
  4. SUBPART M
  5. SECTION 238.118
4-760.127

SUBPART M—RISK COMMITTEE REQUIREMENT FOR COVERED SAVINGS AND LOAN HOLDING COMPANIES WITH TOTAL CONSOLIDATED ASSETS OF $50 BILLION OR MORE AND LESS THAN $100 BILLION

SECTION 238.118—Applicability

(a) General applicability. A covered savings and loan bank holding company must comply with the risk-committee requirements set forth in this subpart beginning on the first day of the ninth quarter following the date on which its average total consolidated assets equal or exceed $50 billion.
(b) Cessation of requirements. A covered savings and loan holding company will remain subject to the requirements of this subpart until the earlier of the date on which:
(1) Its total consolidated assets are below $50 billion for each of four consecutive calendar quarters; and
(2) It becomes subject to the requirements of subpart N of this part.
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