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Type: FCA Regulation
Subpart F - Distressed Loan Restructuring Directive

617.7520 How does the FCA issue a directive and when will it be effective?
A distressed loan restructuring directive is effective immediately on receipt by the qualified lender, or on such later date as may be specified by FCA, and will remain effective and enforceable until it is stayed, modified, or terminated by FCA.

[69 FR 10912, Mar. 9, 2004]

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