12 CFR 324.305
§ 324.305 Exposures related to the Paycheck Protection Program Lending Facility.
United States · 12 CFR — Banks and Banking · Status: effective
Cite this
- Citation
- 12 CFR 324.305, § 324.305 Exposures related to the Paycheck Protection Program Lending Facility, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/46498
- Permanent ID
ys:prov:46498@1- SHA-256
95267082cd3fbcdadf82fc428260beb9d634b5dfb0f51e061bf548094fb71580
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
Notwithstanding any other section of this part, an FDIC-supervised institution may exclude exposures pledged as collateral for a non-recourse loan that is provided as part of the Paycheck Protection Program Lending Facility, announced by the Federal Reserve on April 7, 2020, from total leverage exposure, average total consolidated assets, advanced approaches total risk-weighted assets, and standardized total risk-weighted assets, as applicable. For the purpose of this section, an FDIC-supervised institution's liability under the facility must be reduced by the principal amount of the loans pledged as collateral for funds advanced under the facility.
Legislative history
This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.