# 12 C.F.R. § 390.418 (2026): Escrow requirement

> Federal · Regulations · In force

URL: https://www.frixlaw.com/law-library/statutes/CFR_T12_P390_S390_418

## Section

- **Citation:** 12 C.F.R. § 390.418 (2026)
- **Heading:** Escrow requirement
- **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 390: REGULATIONS TRANSFERRED FROM THE OFFICE OF THRIFT SUPERVISION / Subpart W: Securities Offerings / § 390.418: § 390.418   Escrow requirement.

## Text

(a) Any funds received in an offering which is offered and sold on a best efforts all-or-none condition or with a minimum-maximum amount to be sold shall be held in an escrow or similar separate account until such time as all of the securities are sold with respect to a best efforts all-or-none offering or the stated minimum amount of securities are sold in a minimum-maximum offering.
(b) If the amount of securities required to be sold under escrow conditions in paragraph (a) of this section are not sold within the time period for the offering as disclosed in the offering circular, all funds in the escrow account shall be promptly refunded unless the FDIC otherwise approves an extension of the offering period upon a showing of good cause and provided that the extension is consistent with the public interest and the protection of investors.

## Nearby sections

- [12 C.F.R. § 390.410 (2026) § 390.410   Definitions.](https://www.frixlaw.com/law-library/statutes/CFR_T12_P390_S390_410.md)
- [12 C.F.R. § 390.411 (2026) § 390.411   Offering circular requirement.](https://www.frixlaw.com/law-library/statutes/CFR_T12_P390_S390_411.md)
- [12 C.F.R. § 390.412 (2026) § 390.412   Exemptions.](https://www.frixlaw.com/law-library/statutes/CFR_T12_P390_S390_412.md)
- [12 C.F.R. § 390.413 (2026) § 390.413   Non-public offering.](https://www.frixlaw.com/law-library/statutes/CFR_T12_P390_S390_413.md)
- [12 C.F.R. § 390.414 (2026) § 390.414   Filing and signature requirements.](https://www.frixlaw.com/law-library/statutes/CFR_T12_P390_S390_414.md)
- [12 C.F.R. § 390.415 (2026) § 390.415   Effective date.](https://www.frixlaw.com/law-library/statutes/CFR_T12_P390_S390_415.md)
- [12 C.F.R. § 390.416 (2026) § 390.416   Form, content, and accounting.](https://www.frixlaw.com/law-library/statutes/CFR_T12_P390_S390_416.md)
- [12 C.F.R. § 390.417 (2026) § 390.417   Use of the offering circular.](https://www.frixlaw.com/law-library/statutes/CFR_T12_P390_S390_417.md)
- [12 C.F.R. § 390.418 (2026) § 390.418   Escrow requirement.](https://www.frixlaw.com/law-library/statutes/CFR_T12_P390_S390_418.md)
- [12 C.F.R. § 390.419 (2026) § 390.419   Unsafe or unsound practices.](https://www.frixlaw.com/law-library/statutes/CFR_T12_P390_S390_419.md)
- [12 C.F.R. § 390.420 (2026) § 390.420   Withdrawal or abandonment.](https://www.frixlaw.com/law-library/statutes/CFR_T12_P390_S390_420.md)
- [12 C.F.R. § 390.421 (2026) § 390.421   Securities sale report.](https://www.frixlaw.com/law-library/statutes/CFR_T12_P390_S390_421.md)
- [12 C.F.R. § 390.422 (2026) § 390.422   Public disclosure and confidential treatment.](https://www.frixlaw.com/law-library/statutes/CFR_T12_P390_S390_422.md)
- [12 C.F.R. § 390.423 (2026) § 390.423   Waiver.](https://www.frixlaw.com/law-library/statutes/CFR_T12_P390_S390_423.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/CFR_T12_P390_S390_418. Check the current official text before relying on it. Not legal advice.