12 CFR 206.1

§ 206.1 Authority, purpose, and scope.

United States · 12 CFR — Banks and Banking · Status: effective

Cite this

Citation: 12 CFR 206.1, § 206.1 Authority, purpose, and scope, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/44108
Permanent ID: ys:prov:44108@1
SHA-256: 98d5ed488643d4756b0f21ea99133c92407768cef2ec30c7591929c13c711f14

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Full text

(a) Authority and purpose. This part (Regulation F, 12 CFR part 206) is issued by the Board of Governors of the Federal Reserve System (Board) under authority of section 23 of the Federal Reserve Act (12 U.S.C. 371b-2). The purpose of this part is to limit the risks that the failure of a depository institution would pose to insured depository institutions. (b) Scope. This part applies to all depository institutions insured by the Federal Deposit Insurance Corporation.

Legislative history

This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.