§ 611.1157. Disclosure and reporting requirements.
119 words·~1 min read·
/us/cfr/t12/s§ 611.1157·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
(a)Annual report to shareholders. In its annual report to shareholders, as set forth in § 620.5(a)(11) of this chapter, a System institution must provide information on its UBE investment and business activity.
(b)Periodic reports as directed. As directed by FCA, a System institution must submit periodic reports to FCA on any equity investment in a UBE or UBE status as provided under § 621.12 of this chapter, and in accordance with §§ 621.13 and 621.14 of this chapter.
(c)Dissolution of a UBE. A System institution must submit a timely report to FCA on the dissolution of a UBE that it controls. [78 FR 31831, May 28, 2013, as amended at 91 FR 3029, Jan. 26, 2026]