Statutes, codes, and regulations
Code of Federal Regulations
Title 12 - BANKS AND BANKINGChapter II - FEDERAL RESERVE SYSTEMSubchapter A - BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEMPart 223 - TRANSACTIONS BETWEEN MEMBER BANKS AND THEIR AFFILIATES (REGULATION W)
Subpart B - GENERAL PROVISIONS OF SECTION 23A
Section 223.13 - What safety and soundness requirement applies to covered transactions?

12 C.F.R. § 223.13

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Current through September 30, 2024
Section 223.13 - What safety and soundness requirement applies to covered transactions?

A member bank may not engage in any covered transaction, including any transaction exempt under this regulation, unless the transaction is on terms and conditions that are consistent with safe and sound banking practices.

12 C.F.R. §223.13