Type: FCA Regulation
PART 617 - BORROWER RIGHTS
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]
[FCA Home | FCA Handbook]