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Regs Triggered Due to Increased Asset Size

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We will soon reach a total asset size of $500 million. Are there any regulations or requirements that will be triggered by this threshold?

The biggest thing that is triggered is under FDIC Section363 for audit requirements. If you are a public company, you may already be addressing some of these issues through your Sarbanes-Oxley process. I don't know of anything else other than potential state law issues.

First published on 5/19/08

First published on 05/19/2008

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