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Temporary Liquidity Guarantee Program: Interim Rule
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10/23/2008
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Description:Following a systemic risk determination pursuant to section 141 of the Federal Deposit Insurance Corporation Improvement Act of 1991, in an effort to avoid or mitigate serious adverse effects on economic conditions and financial stability, the FDIC has issued the attached interim rule establishing the Temporary Liquidity Guarantee Program (TLGP). The FDIC is soliciting comment on all aspects of this interim rule. Comments are due 15 days after the interim rule's publication in the Federal Register, which is expected soon. Coverage under the TLGP was established by the FDIC as of October 14, 2008.
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Release Date:10/23/2018
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Update Date:10/18/2013
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Withdrawn Date:Not Available.
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Agencies Involved:Federal Deposit Insurance Corporation (FDIC)
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Law Involved:Federal Deposit Insurance Corporation Improvement Act of 1991 (FDI Act)
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Related Regulation:12 CFR Part 370
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Comment Period End Date:11/13/2008
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Source:FDIC Website
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Memorandum To:All FDIC-insured institutions
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Effective Date:10/23/2008
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FIL Number:FIL-110-2008
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