12 C.F.R. § 3.3 Transitional rules.
Title 12 - Banks and Banking
Intangible assets, other than mortgage servicing rights, purchased prior to April 15, 1985, and accounted for in accordance with the instruction of the OCC, need not be deducted from Tier 1 capital until December 31, 1992. However, when combined with other qualifying intangible assets, these intangibles may not exceed 25 percent of Tier 1 capital. After December 31, 1992, only those intangible assets that meet the criteria contained in section 2(c)(2) of appendix A will not be deducted from Tier 1 capital. [55 FR 38800, Sept. 21, 1990]
Title 12: Banks and Banking
PART 3—MINIMUM CAPITAL RATIOS; ISSUANCE OF DIRECTIVES
Subpart A—Authority and Definitions
§ 3.3 Transitional rules.
