12 CFR 347.208

§ 347.208 Assessment base deductions by insured branch.

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

Cite this

Citation: 12 CFR 347.208, § 347.208 Assessment base deductions by insured branch, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/46879
Permanent ID: ys:prov:46879@1
SHA-256: 998046384b441cc3a3285a84167d3a2f3b94139499431aa165283fdc960b2206

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Full text

Deposits in an insured branch to the credit of the foreign bank or any of its offices, branches, agencies, or wholly owned subsidiaries may be deducted from the assessment base of the insured branch.

Legislative history

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