July 2026
DCW Monthly: July 2026
Courts have been circling the same idea since 1765: the bank pays unless there is fraud. What they have never
The US Office of the Comptroller of the Currency (OCC) issued its final rule containing amendments to its financial guarantee rule. Full text of the rule was published on 24 April 2008 in the US Federal Register and is available.
It appears that the proposed new guarantee rule previously reported in DCW (Jul/Aug 2007, p. 13) became final without significant change.
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