12 CFR 157.10
§ 157.10 What authorities govern the issuance of deposit accounts by Federal savings associations?
United States · 12 CFR — Banks and Banking · Status: effective
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- Citation
- 12 CFR 157.10, § 157.10 What authorities govern the issuance of deposit accounts by Federal savings associations?, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/43795
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Full text
A Federal savings association (“you”) may raise funds through accounts and may issue evidence of accounts under section 5(b)(1) of the HOLA (12 U.S.C. 1464(b)(1)), your charter, and this part. Additionally, 12 CFR parts 204 and 230 apply to your deposit activities.
Legislative history
This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.