12 CFR 390.313
§ 390.313 Tax and loan account.
United States · 12 CFR — Banks and Banking · Status: effective
Cite this
- Citation
- 12 CFR 390.313, § 390.313 Tax and loan account, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/47279
- Permanent ID
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Full text
The term tax and loan account means an account, the balance of which is subject to the right of immediate withdrawal, established for receipt of payments of Federal taxes and certain United States obligations. Such accounts are not savings accounts or savings deposits.
Legislative history
This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.