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OCC Public Notice and Comments Revised Comptroller's Form
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People also ask
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What is the comment period for rulemaking?
Comment Period — A comment period is the range of time the public has to submit input before an agency makes a final decision on a proposed rule. Federal agencies typically invite public comments on RFIs, ANPRMs, NPRMs, Direct Final Rules, and Interim Final Rules. In most cases, the comment period is 60 days.
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What is the comment period for the Federal Register?
What is the time period for the public to submit comments? In general, agencies will specify a comment period ranging from 30 to 60 days in the “Dates” section of the Federal Register document, but the time period can vary. For complex rulemakings, agencies may provide for longer time periods, such as 180 days or more.
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How often does the OCC audit banks?
The OCC is required to conduct a full-scope, on-site examination of every national bank and Federal savings association at least once during each 12-month period.
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Is the OCC rule valid when made?
Valid when made (also sometimes valid-when-made) is a United States legal doctrine that holds that the terms of a loan, if legally valid when the loan was made, remain valid after the loan is sold or assigned to a third party.
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What must the CRA public notice indicate?
Each office or branch of a bank is also required to post a notice in its lobby that describes the purpose of the Community Reinvestment Act. This notice also explains that the public has a right to review a bank's CRA file and to make written comments about the bank's CRA performance.
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Who is the OCC comptroller?
Acting Comptroller Michael J. Hsu became Acting Comptroller of the Currency on May 10, 2021.
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What is the comment period for the OCC?
Generally, when a public notice is published, the public has 30 days to submit a written comment to the OCC. Comments may be emailed or mailed to the licensing office where the bank filed its application or notice. To identify the public comment period see the Weekly Bulletin or the Corporate Applications Search tool.
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