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Low-cost education loans

In assessing and taking into account, under subsection (a), the record of a financial institution, the appropriate Federal financial supervisory agency shall consider, as a factor, low-cost education loans provided by the financial institution to low-income borrowers.

in view

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statutes/12/2903.yaml

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Rules

financial_holding_company_election_notice_period_days

Parameter

source: 12 USC 2903(c)

- name: financial_holding_company_election_notice_period_days
  kind: parameter
  dtype: Count
  source: 12 USC 2903(c)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: parameter
          source:
            corpus_citation_path: us/statute/12/2903
            excerpt: before the end of the 30-day period
  versions:
    - effective_from: '0001-01-01'
      formula: '30'

newly_acquired_institution_lookback_months

Parameter

source: 12 USC 2903(c)

- name: newly_acquired_institution_lookback_months
  kind: parameter
  dtype: Count
  source: 12 USC 2903(c)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: parameter
          source:
            corpus_citation_path: us/statute/12/2903
            excerpt: during the 12-month period preceding the date of the submission
  versions:
    - effective_from: '0001-01-01'
      formula: '12'

newly_acquired_institution_exclusion_period_months

Parameter

source: 12 USC 2903(c)

- name: newly_acquired_institution_exclusion_period_months
  kind: parameter
  dtype: Count
  source: 12 USC 2903(c)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: parameter
          source:
            corpus_citation_path: us/statute/12/2903
            excerpt: during the 12-month period beginning on the date of such acquisition
  versions:
    - effective_from: '0001-01-01'
      formula: '12'

newly_acquired_institution_may_be_excluded_from_rating_requirement

Derived

source: 12 USC 2903(c)

- name: newly_acquired_institution_may_be_excluded_from_rating_requirement
  kind: derived
  entity: InsuredDepositoryInstitution
  dtype: Judgment
  period: Month
  source: 12 USC 2903(c)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: condition
          source:
            corpus_citation_path: us/statute/12/2903
        - path: versions[0].formula
          kind: import
          import:
            target: us:statutes/12/2903#newly_acquired_institution_lookback_months
            output: newly_acquired_institution_lookback_months
            hash: sha256:local
        - path: versions[0].formula
          kind: import
          import:
            target: us:statutes/12/2903#newly_acquired_institution_exclusion_period_months
            output: newly_acquired_institution_exclusion_period_months
            hash: sha256:local
  versions:
    - effective_from: '0001-01-01'
      formula: >-
        institution_acquired_during_lookback_period

        and institution_is_within_exclusion_period_beginning_on_acquisition

        and bank_holding_company_submitted_affirmative_plan_for_satisfactory_or_better_rating

        and appropriate_agency_accepted_affirmative_plan

        and newly_acquired_institution_lookback_months ==
        newly_acquired_institution_exclusion_period_months

financial_holding_company_election_ineffective_due_to_community_credit_rating

Derived

source: 12 USC 2903(c)

- name: financial_holding_company_election_ineffective_due_to_community_credit_rating
  kind: derived
  entity: BankHoldingCompany
  dtype: Judgment
  period: Day
  source: 12 USC 2903(c)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: condition
          source:
            corpus_citation_path: us/statute/12/2903
        - path: versions[0].formula
          kind: import
          import:
            target: us:statutes/12/2903#financial_holding_company_election_notice_period_days
            output: financial_holding_company_election_notice_period_days
            hash: sha256:local
  versions:
    - effective_from: '0001-01-01'
      formula: >-
        bank_holding_company_filed_financial_holding_company_election_declaration_and_certification

        and
        board_finds_not_all_nonexcluded_subsidiary_insured_depository_institutions_had_satisfactory_or_better_rating_at_most_recent_examination_as_of_filing

        and board_notified_company_of_finding_within_notice_period

        and financial_holding_company_election_notice_period_days == 30

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us/statute/12/2903/d — Low-cost education loans · Axiom

Low-cost education loans

Official source

in view

Whole section

▸rulespec code

Shown source

statutes/12/2903.yaml

Displaying the canonical repository encoding.

This encoding covers the parent provision us/statute/12/2903; no dedicated encoding exists for this exact provision yet.

View on GitHub

Rules

financial_holding_company_election_notice_period_days

Parameter

source: 12 USC 2903(c)

- name: financial_holding_company_election_notice_period_days
  kind: parameter
  dtype: Count
  source: 12 USC 2903(c)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: parameter
          source:
            corpus_citation_path: us/statute/12/2903
            excerpt: before the end of the 30-day period
  versions:
    - effective_from: '0001-01-01'
      formula: '30'

newly_acquired_institution_lookback_months

Parameter

source: 12 USC 2903(c)

- name: newly_acquired_institution_lookback_months
  kind: parameter
  dtype: Count
  source: 12 USC 2903(c)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: parameter
          source:
            corpus_citation_path: us/statute/12/2903
            excerpt: during the 12-month period preceding the date of the submission
  versions:
    - effective_from: '0001-01-01'
      formula: '12'

newly_acquired_institution_exclusion_period_months

Parameter

source: 12 USC 2903(c)

- name: newly_acquired_institution_exclusion_period_months
  kind: parameter
  dtype: Count
  source: 12 USC 2903(c)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: parameter
          source:
            corpus_citation_path: us/statute/12/2903
            excerpt: during the 12-month period beginning on the date of such acquisition
  versions:
    - effective_from: '0001-01-01'
      formula: '12'

newly_acquired_institution_may_be_excluded_from_rating_requirement

Derived

source: 12 USC 2903(c)

- name: newly_acquired_institution_may_be_excluded_from_rating_requirement
  kind: derived
  entity: InsuredDepositoryInstitution
  dtype: Judgment
  period: Month
  source: 12 USC 2903(c)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: condition
          source:
            corpus_citation_path: us/statute/12/2903
        - path: versions[0].formula
          kind: import
          import:
            target: us:statutes/12/2903#newly_acquired_institution_lookback_months
            output: newly_acquired_institution_lookback_months
            hash: sha256:local
        - path: versions[0].formula
          kind: import
          import:
            target: us:statutes/12/2903#newly_acquired_institution_exclusion_period_months
            output: newly_acquired_institution_exclusion_period_months
            hash: sha256:local
  versions:
    - effective_from: '0001-01-01'
      formula: >-
        institution_acquired_during_lookback_period

        and institution_is_within_exclusion_period_beginning_on_acquisition

        and bank_holding_company_submitted_affirmative_plan_for_satisfactory_or_better_rating

        and appropriate_agency_accepted_affirmative_plan

        and newly_acquired_institution_lookback_months ==
        newly_acquired_institution_exclusion_period_months

financial_holding_company_election_ineffective_due_to_community_credit_rating

Derived

source: 12 USC 2903(c)

- name: financial_holding_company_election_ineffective_due_to_community_credit_rating
  kind: derived
  entity: BankHoldingCompany
  dtype: Judgment
  period: Day
  source: 12 USC 2903(c)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: condition
          source:
            corpus_citation_path: us/statute/12/2903
        - path: versions[0].formula
          kind: import
          import:
            target: us:statutes/12/2903#financial_holding_company_election_notice_period_days
            output: financial_holding_company_election_notice_period_days
            hash: sha256:local
  versions:
    - effective_from: '0001-01-01'
      formula: >-
        bank_holding_company_filed_financial_holding_company_election_declaration_and_certification

        and
        board_finds_not_all_nonexcluded_subsidiary_insured_depository_institutions_had_satisfactory_or_better_rating_at_most_recent_examination_as_of_filing

        and board_notified_company_of_finding_within_notice_period

        and financial_holding_company_election_notice_period_days == 30