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Code of Federal Regulations (Last Updated: May 6, 2024) |
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Title 12 - Banks and Banking |
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Chapter V - Office of Thrift Supervision, Department of the Treasury |
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Part 502 - Assessments and Fees |
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Subpart A - Assessments |
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Payment of Assessments |
§ 502.40 - Will OTS refund or prorate my assessment?
Latest version.
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§ 502.40 Will OTS refund or prorate my assessment?
(a) OTS will not refund or prorate your assessment, even if you cease to be a savings association or a savings and loan holding company.
(b) If a conservator or receiver has been appointed, you must continue to pay assessments in accordance with this part. OTS will not increase or decrease your assessment based on events that occur after the date of the Thrift Financial Report or H-(b)11 Annual/Current Report upon which your assessment is based.