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Code · CFR · Title 12 — Banks and Banking · Part 208 — Membership of State Banking Institutions in the Federal Reserve System (Regulation H) · § 208.120

§ 208.120. Authority, purpose, and scope.

88 words·~1 min read·/us/cfr/t12/s§ 208.120·

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

(a)Authority. This subpart is issued by the Board under section 7 of the Federal Deposit Insurance Act, 12 U.S.C. 1817(a)(3) and (12), and section 9 of the Federal Reserve Act, 12 U.S.C. 324.
(b)Purpose and scope. This subpart informs a state member bank where it may obtain forms and instructions for reports of conditions and implements 12 U.S.C. 1817(a)(12) to allow reduced reporting for a covered depository institution when such institution makes its reports of condition for the first and third calendar quarters of a year.
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§ 208.120
Authority, purpose, and scope.
U.S.C.§ 1817
U.S.C.§ 324
Cites 2Cited by 0 across 0 sources
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