| (a) A Financial Institution seeking to participate
in the Program must submit a completed application to the Office through
the Program Website.
(b) Upon request, an applicant Financial Institution
must provide any additional information the Office determines is necessary
on or before the fifth business day after the applicant Financial
Institution receives the request for information from the Office.
The Office may reject an application if an applicant Financial Institution
fails to provide the additional information requested under this subsection.
(c) The Office shall determine the Financial Institution's
eligibility to participate in the Program based on the application
submitted under subsection (a) of this section and any other information
the Office determines is necessary and requests pursuant to subsection
(b) of this section. The Office has no obligation to authorize an
applicant Financial Institution's participation in the Program.
(d) A Financial Institution the Office determines is
eligible to participate in the Program must enter an Agreement with
the Office. Otherwise-eligible Financial Institutions that have not
entered an Agreement shall not participate in the Program.
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