# 12 C.F.R. § 303.86 (2026): Processing

> Federal · Regulations · In force

URL: https://www.frixlaw.com/law-library/statutes/CFR_T12_P303_S303_86

## Section

- **Citation:** 12 C.F.R. § 303.86 (2026)
- **Heading:** Processing
- **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 E: Change in Bank Control / § 303.86: § 303.86   Processing.

## Text

(a)
Acceptance of notice, additional information.
The FDIC shall notify the person or persons submitting a notice under this subpart in writing of the date the notice is accepted as substantially complete. The FDIC may request additional information at any time.
(b)
Commencement of the 60-day notice period: consummation of acquisition.
(1) The 60-day notice period specified in § 303.82 shall commence on the day after the date of acceptance of a substantially complete notice by the appropriate regional director. The notificant(s) may consummate the proposed acquisition after the expiration of the 60-day notice period, unless the FDIC disapproves the proposed acquisition or extends the notice period as provided in the CBCA.
(2) The notificant(s) may consummate the proposed transaction before the expiration of the 60-day period, including any extensions, if the FDIC notifies the notificant(s) in writing of its intention not to disapprove the acquisition.
(c)
Disapproval of acquisition of control.
Subpart D of 12 CFR part 308 sets forth the rules of practice and procedure for a notice of disapproval.

## Nearby sections

- [12 C.F.R. § 303.80 (2026) § 303.80   Scope.](https://www.frixlaw.com/law-library/statutes/CFR_T12_P303_S303_80.md)
- [12 C.F.R. § 303.81 (2026) § 303.81   Definitions.](https://www.frixlaw.com/law-library/statutes/CFR_T12_P303_S303_81.md)
- [12 C.F.R. § 303.82 (2026) § 303.82   Transactions that require prior notice.](https://www.frixlaw.com/law-library/statutes/CFR_T12_P303_S303_82.md)
- [12 C.F.R. § 303.83 (2026) § 303.83   Transactions that require notice, but not prior notice.](https://www.frixlaw.com/law-library/statutes/CFR_T12_P303_S303_83.md)
- [12 C.F.R. § 303.84 (2026) § 303.84   Transactions that do not require notice.](https://www.frixlaw.com/law-library/statutes/CFR_T12_P303_S303_84.md)
- [12 C.F.R. § 303.85 (2026) § 303.85   Filing procedures.](https://www.frixlaw.com/law-library/statutes/CFR_T12_P303_S303_85.md)
- [12 C.F.R. § 303.86 (2026) § 303.86   Processing.](https://www.frixlaw.com/law-library/statutes/CFR_T12_P303_S303_86.md)
- [12 C.F.R. § 303.87 (2026) § 303.87   Public notice requirements.](https://www.frixlaw.com/law-library/statutes/CFR_T12_P303_S303_87.md)
- [12 C.F.R. § 303.88 (2026) § 303.88   Reporting of stock loans and changes in chief executive officers and directors.](https://www.frixlaw.com/law-library/statutes/CFR_T12_P303_S303_88.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/CFR_T12_P303_S303_86. Check the current official text before relying on it. Not legal advice.