# 12 C.F.R. § 303.203 (2026): Applications for capital distributions

> Federal · Regulations · In force

URL: https://www.frixlaw.com/law-library/statutes/CFR_T12_P303_S303_203

## Section

- **Citation:** 12 C.F.R. § 303.203 (2026)
- **Heading:** Applications for capital distributions
- **Jurisdiction:** Federal
- **Kind:** Regulations
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** Title 12 CFR: Banks and Banking / Chapter III: FEDERAL DEPOSIT INSURANCE CORPORATION / Part 303: FILING PROCEDURES / Subpart K: Prompt Corrective Action / § 303.203: § 303.203   Applications for capital distributions.

## Text

(a)
Scope.
An FDIC-supervised institution shall submit an application for a capital distribution if, after having made a capital distribution, the institution would be undercapitalized, significantly undercapitalized, or critically undercapitalized.
(b)
Content of filing.
An application to repurchase, redeem, retire, or otherwise acquire shares or ownership interests of the FDIC-supervised institution shall describe the proposal, the shares or obligations that are the subject thereof, and the additional shares or obligations of the institution that will be issued in at least an amount equivalent to the distribution. The application also shall explain how the proposal will reduce the institution's financial obligations or otherwise improve its financial condition. If the proposed action also requires an application under § 303.241 of this part regarding prior consent to retire capital, such application should be filed concurrently with, or made a part of, the application filed pursuant to section 38 of the FDI Act (12 U.S.C. 1831
o
).
[85 FR 3245, Jan. 21, 2020]

## Nearby sections

- [12 C.F.R. § 303.200 (2026) § 303.200   Scope.](https://www.frixlaw.com/law-library/statutes/CFR_T12_P303_S303_200.md)
- [12 C.F.R. § 303.201 (2026) § 303.201   Filing procedures.](https://www.frixlaw.com/law-library/statutes/CFR_T12_P303_S303_201.md)
- [12 C.F.R. § 303.202 (2026) § 303.202   Processing.](https://www.frixlaw.com/law-library/statutes/CFR_T12_P303_S303_202.md)
- [12 C.F.R. § 303.203 (2026) § 303.203   Applications for capital distributions.](https://www.frixlaw.com/law-library/statutes/CFR_T12_P303_S303_203.md)
- [12 C.F.R. § 303.204 (2026) § 303.204   Applications for acquisitions, branching, and new lines of business.](https://www.frixlaw.com/law-library/statutes/CFR_T12_P303_S303_204.md)
- [12 C.F.R. § 303.205 (2026) § 303.205   Applications for bonuses and increased compensation for senior executive officers.](https://www.frixlaw.com/law-library/statutes/CFR_T12_P303_S303_205.md)
- [12 C.F.R. § 303.206 (2026) § 303.206   Application for payment of principal or interest on subordinated debt.](https://www.frixlaw.com/law-library/statutes/CFR_T12_P303_S303_206.md)
- [12 C.F.R. § 303.207 (2026) § 303.207   Restricted activities for critically undercapitalized institutions.](https://www.frixlaw.com/law-library/statutes/CFR_T12_P303_S303_207.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/CFR_T12_P303_S303_203. Check the current official text before relying on it. Not legal advice.