Requirements / 1f51a28c3764c584
This is a normalized obligation summary extracted deterministically from regulatory text. The structured fields below are parsed from the source—not AI-generated summaries.
Prohibited FINAL

Obligation Structure

Actor
institution
Modality
Prohibited
Duty
prohibited under section 19
Conditions
if the applicant is prohibited under section 19

Source Text

FDIC-supervised IDIs may extend a conditional offer of employment contingent on the completion of a background check satisfactory to the institution to determine if the applicant is prohibited under section 19, but the applicant may not work for, be employed by, or otherwise participate in the affairs of the IDI until the IDI has determined that the applicant is not prohibited under section 19 (including persons who have had a consent application approved).
Source Document: 2024-17327
Agency: Federal Deposit Insurance Corporation
CFR Parts: 12 CFR 303, 12 CFR 308
Requirement Type: other

Lifecycle History

2/11/2026 ADDED — → FINAL 2024-17327

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Stable ID: 1f51a28c3764c584