12 CFR 207.5
§ 207.5 Related agreements considered a single agreement.
United States · 12 CFR — Banks and Banking · Status: effective
Cite this
- Citation
- 12 CFR 207.5, § 207.5 Related agreements considered a single agreement, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/44119
- Permanent ID
ys:prov:44119@1- SHA-256
9fd6c9d51f086fbfaf588d35a7a24009e06625f86773d91901aa823a4935c9e3
The hash is SHA-256 of this version's text, with every run of whitespace collapsed to a single space and the ends trimmed. The ID always leads back here, and checking it says whether the text you cited is still the current version.
Full text
The following rules must be applied in determining whether an agreement is a covered agreement under § 207.2.
(a) Agreements entered into by same parties. All written agreements to which an insured depository institution or an affiliate of the insured depository institution is a party shall be considered to be a single agreement if the agreements—
(1) Are entered into with the same NGEP;
(2) Were entered into within the same 12-month period; and
(3) Are each in fulfillment of the CRA.
(b) Substantively related contracts. All written contracts to which an insured depository institution or an affiliate of the insured depository institution is a party shall be considered to be a single agreement, without regard to whether the other parties to the contracts are the same or whether each such contract is in fulfillment of the CRA, if the contracts were negotiated in a coordinated fashion and a NGEP is a party to each contract.
Legislative history
This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.