# 12 CFR § 208.20: Authority, purpose, and scope

> Federal · Regulations · In force

URL: https://www.frixlaw.com/law-library/statutes/ecfr-12-208.20

## Section

- **Citation:** 12 CFR § 208.20
- **Heading:** Authority, purpose, and scope
- **Jurisdiction:** Federal
- **Kind:** Regulations
- **Status:** In force
- **Text as of:** September 22, 2026
- **Source:** Publisher's official text
- **Location:** Title 12—Banks and Banking > CHAPTER II—FEDERAL RESERVE SYSTEM > SUBCHAPTER A—BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM > PART 208—MEMBERSHIP OF STATE BANKING INSTITUTIONS IN THE FEDERAL RESERVE SYSTEM (REGULATION H) > Subpart B—Investments and Loans

## Text

(a) Authority. Subpart B of Regulation H (12 CFR part 208, subpart B) is issued by the Board of Governors of the Federal Reserve System under 12 U.S.C. 24; sections 9, 11 and 21 of the Federal Reserve Act (12 U.S.C. 321-338a, 248(a), 248(c), and 481-486); sections 1814, 1816, 1818, 1823(j), 1831o, 1831p-1 and 1831r-1 of the FDI Act (12 U.S.C. 1814, 1816, 1818, 1823(j), 1831o, 1831p-1 and 1831r-1); and the National Flood Insurance Act of 1968 and the Flood Disaster Protection Act of 1973, as amended (42 U.S.C. 4001-4129).
(b) Purpose and scope. This subpart B describes certain investment limitations on member banks, statutory requirements for amortizing losses on agricultural loans and extending credit in areas having special flood hazards, as well as the requirements for issuing letters of credit and acceptances.

## Nearby sections

- [12 CFR § 208.1 § 208.1 Authority, purpose, and scope.](https://www.frixlaw.com/law-library/statutes/ecfr-12-208.1.md)
- [12 CFR § 208.2 § 208.2 Definitions.](https://www.frixlaw.com/law-library/statutes/ecfr-12-208.2.md)
- [12 CFR § 208.3 § 208.3 Application and conditions for membership in the Federal Reserve System.](https://www.frixlaw.com/law-library/statutes/ecfr-12-208.3.md)
- [12 CFR § 208.4 § 208.4 Capital adequacy.](https://www.frixlaw.com/law-library/statutes/ecfr-12-208.4.md)
- [12 CFR § 208.5 § 208.5 Dividends and other distributions.](https://www.frixlaw.com/law-library/statutes/ecfr-12-208.5.md)
- [12 CFR § 208.6 § 208.6 Establishment and maintenance of branches.](https://www.frixlaw.com/law-library/statutes/ecfr-12-208.6.md)
- [12 CFR § 208.7 § 208.7 Prohibition against use of interstate branches primarily for deposit production.](https://www.frixlaw.com/law-library/statutes/ecfr-12-208.7.md)
- [12 CFR § 208.20 § 208.20 Authority, purpose, and scope.](https://www.frixlaw.com/law-library/statutes/ecfr-12-208.20.md)
- [12 CFR § 208.21 § 208.21 Investments in premises and securities.](https://www.frixlaw.com/law-library/statutes/ecfr-12-208.21.md)
- [12 CFR § 208.22 § 208.22 Community development and public welfare investments.](https://www.frixlaw.com/law-library/statutes/ecfr-12-208.22.md)
- [12 CFR § 208.23 § 208.23 Agricultural loan loss amortization.](https://www.frixlaw.com/law-library/statutes/ecfr-12-208.23.md)
- [12 CFR § 208.24 § 208.24 Letters of credit and acceptances.](https://www.frixlaw.com/law-library/statutes/ecfr-12-208.24.md)
- [12 CFR § 208.25 § 208.25 Loans in areas having special flood hazards.](https://www.frixlaw.com/law-library/statutes/ecfr-12-208.25.md)
- [12 CFR § 208.30 § 208.30 Authority, purpose, and scope.](https://www.frixlaw.com/law-library/statutes/ecfr-12-208.30.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/ecfr-12-208.20. Check the current official text before relying on it. Not legal advice.