12 CFR 265.2
§ 265.2 Delegation of functions generally.
United States · 12 CFR — Banks and Banking · Status: effective
Cite this
- Citation
- 12 CFR 265.2, § 265.2 Delegation of functions generally, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/45708
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Full text
(a) The Board has determined to delegate authority to exercise the functions described in this part.
(b) The Chair of the Board shall assign responsibility for performing such delegated functions.
(c) Where a delegatee must act with the concurrence of a Board employee, or in consultation with a Board employee, that Board employee may subdelegate his or her authority to concur or be consulted on the delegated action to an employee within the same division or office.
Legislative history
This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.