§ 250.160. Federal funds transactions.

71 words·~1 min read·/us/cfr/t12/s§ 250.160·

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(a)It is the position of the Board of Governors of the Federal Reserve System that, for purposes of provisions of law administered by the Board, a transaction in Federal funds involves a loan on the part of the selling bank and a borrowing on the part of the purchasing bank.

(b)[Reserved] (12 U.S.C. 371c) [33 FR 9866, July 10, 1968, as amended at 67 FR 76622, Dec. 12, 2002]

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Final rule
Proposed Rules
Final rule

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U.S. Code

Banking affiliates
§ 371c

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§ 250.160

Federal funds transactions.

Fed. Reg.×2

U.S.C.§ 371c

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