12 CFR 238.118
§ 238.118 Applicability.
United States · 12 CFR — Banks and Banking · Status: effective
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- Citation
- 12 CFR 238.118, § 238.118 Applicability, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/45088
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Full text
(a) General applicability. A covered savings and loan bank holding company must comply with the risk-committee requirements set forth in this subpart beginning on the first day of the ninth quarter following the date on which its average total consolidated assets equal or exceed $50 billion.
(b) Cessation of requirements. A covered savings and loan holding company will remain subject to the requirements of this subpart until the earlier of the date on which:
(1) Its total consolidated assets are below $50 billion for each of four consecutive calendar quarters; and
(2) It becomes subject to the requirements of subpart N of this part.
Legislative history
This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.