Disclosures of CRA related agreements Flashcards
1
Q
What obligation does a bank have to disclose a covered CRA agreement to the relevant supervisory agency, 40 months after it terminates?
a. It must maintain a copy in its CRA public file.
b. It must send a copy to its regulatory agency upon request.
c. It must send a copy to a member of the public upon request.
d. It has no obligation to disclose these covered CRA agreements.
A
d. It has no obligation to disclose these covered CRA agreements.
