12 CFR 1271.4
§ 1271.4 Incidental powers.
United States · 12 CFR — Banks and Banking · Status: effective
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- Citation
- 12 CFR 1271.4, § 1271.4 Incidental powers, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/50832
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Full text
In connection with the collection, processing, and settlement of items and instruments drawn on or issued by eligible institutions or Bank members, a Bank may also perform the following services:
(a) Statement packaging; and
(b) Any other activity that FHFA shall, from time to time, after notice and comment, find necessary for the exercise of the authority of this subpart.
Legislative history
This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.