Search within this section
Select a section below and enter your search term, or to search all click C&DIs
Favorited Content
Section 205. Item 103 — Legal Proceedings
us SEC - C&DI - Regulation S-K
205.01
The bank subsidiary of a one bank holding company initiates a lawsuit to collect a debt that exceeds 10% of the current assets of the bank and its holding company parent. Due to the unusual size of the debt, Item 103 requires disclosure of the lawsuit, even though the collection of debts is a normal incident of the bank's business. [July 3, 2008]
205.02
Contrary to Release No. 33-5170 (July 19, 1971), it is no longer the practice of the Division to require registrants automatically to furnish, as supplemental information, either a description of civil rights litigation omitted from a newly-filed disclosure document or the reasons for the omission. [July 3, 2008]
This is a work of the U.S. Government
Link copied
