12 CFR 615.5030

§ 615.5030 Borrowings from commercial banks.

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

Cite this

Citation: 12 CFR 615.5030, § 615.5030 Borrowings from commercial banks, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/47810
Permanent ID: ys:prov:47810@1
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Full text

Each System bank board, by resolution, shall authorize all commercial bank borrowings by that System bank.

Legislative history

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