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Type: FCA Regulation
PART 617 - BORROWER RIGHTS
Subpart F - Distressed Loan Restructuring Directive


617.7505 How will the qualified lender know when FCA is considering issuing a distressed loan restructuring directive?
When FCA intends to issue a distressed loan restructuring directive, it will notify the qualified lender in writing. The notice will state:
(a) The reasons FCA intends to issue a distressed loan restructuring directive;
(b) The proposed contents of the distressed loan restructuring directive; and
(c) Any other relevant information.

[69 FR 10912, Mar. 9, 2004]

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