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If an applicant applied before October 31 (the day investment agreements were available on Treasurys website), does the applicant need to file an amended application?

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If an applicant applied before October 31 (the day investment agreements were available on Treasurys website), does the applicant need to file an amended application?

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The Application Guidelines for TARP Capital Purchase Program (Guidelines), published on October 31, 2008, provides “[i]n the event the applicant files an application with the appropriate FBA prior to the availability of the investment agreement, the applicant must file an amended application which includes updated responses to any items in the application that required prior review of the investment agreement [emphasis added].” We are amending this provision to provide “[i]n the event the applicant files an application with the appropriate FBA prior to the availability of the investment agreement, the applicant may file an amended application which includes updated responses to any items in the application that required prior review of the investment agreement [emphasis added].

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