Truth in Lending (Regulation Z), 49869 [2016-18050]
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Federal Register / Vol. 81, No. 146 / Friday, July 29, 2016 / Rules and Regulations
10 CFR 430.23(dd). DOE is also
correcting amendatory instruction 10.b.
on page 46792, and the reference to
paragraph (dd) on page 46794. The
effective date for this rule is August 17,
2016.
Correction
In final rule FR Doc. 2016–14389,
published in the issue of Monday, July
18, 2016, (80 FR 46767), the following
corrections are made:
1. On page 46783, first column,
second paragraph, 5th line, the existing
text ‘‘10 CFR 430.23 (dd)’’ is corrected
to read as ‘‘10 CFR 430.23 (ff)’’.
2. On page 46792, third column,
amendatory instruction 10.b. is
corrected to read as follows:
§ 430.23
[Corrected]
10. * * *
b. Adding paragraph (ff).
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3. On page 46794, third column,
second paragraph, ‘‘(dd)’’ is corrected to
read as ‘‘(ff)’’.
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Issued in Washington, DC, on July 21,
2016.
Kathleen B. Hogan,
Deputy Assistant Secretary for Energy
Efficiency, Energy Efficiency and Renewable
Energy.
[FR Doc. 2016–17752 Filed 7–28–16; 8:45 am]
BILLING CODE 6450–01–P
BUREAU OF CONSUMER FINANCIAL
PROTECTION
12 CFR Part 1026
Truth in Lending (Regulation Z)
CFR Correction
In Title 12 of the Code of Federal
Regulations, Parts 1026 to 1099, revised
as of January 1, 2016, on page 749, in
supplement I to part 1026, under section
1026.41,the heading 41(e)(5) Consumers
in bankruptcy and paragraphs 1, 2, and
3 are added to read as follows:
not discharged, a servicer must resume
sending periodic statements in
compliance with § 1026.41 within a
reasonably prompt time after the next
payment due date that follows the
earliest of any of three potential
outcomes in the consumer’s bankruptcy
case: the case is dismissed, the case is
closed, or the consumer receives a
discharge under 11 U.S.C. 727, 1141,
1228, or 1328. However, this
requirement to resume sending periodic
statements does not require a servicer to
communicate with a consumer in a
manner that would be inconsistent with
applicable bankruptcy law or a court
order in a bankruptcy case. To the
extent permitted by such law or court
order, a servicer may adapt the
requirements of § 1026.41 in any
manner believed necessary.
ii. The periodic statement is not
required for any portion of the mortgage
debt that is discharged under applicable
provisions of the U.S. Bankruptcy Code.
If the consumer’s bankruptcy case is
revived—for example if the court
reinstates a previously dismissed case,
reopens the case, or revokes a
discharge—the servicer is again exempt
from the requirement in § 1026.41.
3. Joint obligors. When two or more
consumers are joint obligors with
primary liability on a closed-end
consumer credit transaction secured by
a dwelling subject to § 1026.41, the
exemption in § 1026.41(e)(5) applies if
any of the consumers is in bankruptcy.
For example, if a husband and wife
jointly own a home, and the husband
files for bankruptcy, the servicer is
exempt from providing periodic
statements to both the husband and the
wife.
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[FR Doc. 2016–18050 Filed 7–28–16; 8:45 am]
BILLING CODE 1505–01–D
DEPARTMENT OF TRANSPORTATION
Federal Aviation Administration
Supplement I to Part 1026—Official
Interpretation
14 CFR Part 25
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[Docket No. FAA–2016–6925; Special
Conditions No. 25–623–SC]
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Section 1026.41 Periodic Statements for
Residential Mortgage Loans
asabaliauskas on DSK3SPTVN1PROD with RULES
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41(e)(5) Consumers in bankruptcy.
1. Commencing a case. The
requirements of § 1026.41 do not apply
once a petition is filed under Title 11 of
the United States Code, commencing a
case in which the consumer is a debtor.
2. Obligation to resume sending
periodic statements. i. With respect to
any portion of the mortgage debt that is
VerDate Sep<11>2014
17:04 Jul 28, 2016
Jkt 238001
Special Conditions: Embraer S.A.
Model EMB–545 and EMB–550
Airplanes; Installation of an Airbag
System To Limit the Axial Rotation of
the Upper Leg on Single- and MultiplePlace Side-Facing Seats
Federal Aviation
Administration (FAA), DOT.
ACTION: Final special conditions; request
for comments.
AGENCY:
PO 00000
Frm 00015
Fmt 4700
Sfmt 4700
49869
These special conditions are
issued for the Embraer S.A. (Embraer)
Model EMB–545 and EMB–550 series
airplanes. These airplanes will have a
novel or unusual design feature when
compared to the state of technology
envisioned in the airworthiness
standards for transport-category
airplanes. This feature is an airbag
system designed to limit the axial
rotation of the upper leg on single-place
and multiple-place side-facing seats.
The applicable airworthiness
regulations do not contain adequate or
appropriate safety standards for this
design feature. These special conditions
contain the additional safety standards
that the Administrator considers
necessary to establish a level of safety
equivalent to that established by the
existing airworthiness standards.
DATES: This action is effective on
Embraer on July 29, 2016. We must
receive your comments by September
12, 2016.
ADDRESSES: Send comments identified
by docket number FAA–2016–6925
using any of the following methods:
• Federal eRegulations Portal: Go to
https://www.regulations.gov/and follow
the online instructions for sending your
comments electronically.
• Mail: Send comments to Docket
Operations, M–30, U.S. Department of
Transportation (DOT), 1200 New Jersey
Avenue SE., Room W12–140, West
Building Ground Floor, Washington, DC
20590–0001.
• Hand Delivery or Courier: Take
comments to Docket Operations in
Room W12–140 of the West Building
Ground Floor at 1200 New Jersey
Avenue SE., Washington, DC, between 9
a.m. and 5 p.m., Monday through
Friday, except Federal holidays.
• Fax: Fax comments to Docket
Operations at 202–493–2251.
Privacy: The FAA will post all
comments it receives, without change,
to https://www.regulations.gov/.
including any personal information the
commenter provides. Using the search
function of the docket Web site, anyone
can find and read the electronic form of
all comments received into any FAA
docket, including the name of the
individual sending the comment (or
signing the comment for an association,
business, labor union, etc.). DOT’s
complete Privacy Act Statement can be
found in the Federal Register published
on April 11, 2000 (65 FR 19477–19478),
as well as at https://DocketsInfo.dot
.gov/.
Docket: Background documents or
comments received may be read at
https://www.regulations.gov/ at any time.
Follow the online instructions for
SUMMARY:
E:\FR\FM\29JYR1.SGM
29JYR1
Agencies
[Federal Register Volume 81, Number 146 (Friday, July 29, 2016)]
[Rules and Regulations]
[Page 49869]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2016-18050]
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BUREAU OF CONSUMER FINANCIAL PROTECTION
12 CFR Part 1026
Truth in Lending (Regulation Z)
CFR Correction
In Title 12 of the Code of Federal Regulations, Parts 1026 to 1099,
revised as of January 1, 2016, on page 749, in supplement I to part
1026, under section 1026.41,the heading 41(e)(5) Consumers in
bankruptcy and paragraphs 1, 2, and 3 are added to read as follows:
Supplement I to Part 1026--Official Interpretation
* * * * *
Section 1026.41 Periodic Statements for Residential Mortgage Loans
* * * * *
41(e)(5) Consumers in bankruptcy.
1. Commencing a case. The requirements of Sec. 1026.41 do not
apply once a petition is filed under Title 11 of the United States
Code, commencing a case in which the consumer is a debtor.
2. Obligation to resume sending periodic statements. i. With
respect to any portion of the mortgage debt that is not discharged, a
servicer must resume sending periodic statements in compliance with
Sec. 1026.41 within a reasonably prompt time after the next payment
due date that follows the earliest of any of three potential outcomes
in the consumer's bankruptcy case: the case is dismissed, the case is
closed, or the consumer receives a discharge under 11 U.S.C. 727, 1141,
1228, or 1328. However, this requirement to resume sending periodic
statements does not require a servicer to communicate with a consumer
in a manner that would be inconsistent with applicable bankruptcy law
or a court order in a bankruptcy case. To the extent permitted by such
law or court order, a servicer may adapt the requirements of Sec.
1026.41 in any manner believed necessary.
ii. The periodic statement is not required for any portion of the
mortgage debt that is discharged under applicable provisions of the
U.S. Bankruptcy Code. If the consumer's bankruptcy case is revived--for
example if the court reinstates a previously dismissed case, reopens
the case, or revokes a discharge--the servicer is again exempt from the
requirement in Sec. 1026.41.
3. Joint obligors. When two or more consumers are joint obligors
with primary liability on a closed-end consumer credit transaction
secured by a dwelling subject to Sec. 1026.41, the exemption in Sec.
1026.41(e)(5) applies if any of the consumers is in bankruptcy. For
example, if a husband and wife jointly own a home, and the husband
files for bankruptcy, the servicer is exempt from providing periodic
statements to both the husband and the wife.
* * * * *
[FR Doc. 2016-18050 Filed 7-28-16; 8:45 am]
BILLING CODE 1505-01-D