# 12 CFR § 265.2: Delegation of functions generally

> Federal · Regulations · In force

URL: https://www.frixlaw.com/law-library/statutes/ecfr-12-265.2

## Section

- **Citation:** 12 CFR § 265.2
- **Heading:** Delegation of functions generally
- **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 265—RULES REGARDING DELEGATION OF AUTHORITY > Subpart A—General Provisions

## Text

(a) The Board has determined to delegate authority to exercise the functions described in this part.
(b) The Chair of the Board shall assign responsibility for performing such delegated functions.
(c) Where a delegatee must act with the concurrence of a Board employee, or in consultation with a Board employee, that Board employee may subdelegate his or her authority to concur or be consulted on the delegated action to an employee within the same division or office.

## Nearby sections

- [12 CFR § 265.1 § 265.1 Authority, purpose, and scope.](https://www.frixlaw.com/law-library/statutes/ecfr-12-265.1.md)
- [12 CFR § 265.2 § 265.2 Delegation of functions generally.](https://www.frixlaw.com/law-library/statutes/ecfr-12-265.2.md)
- [12 CFR § 265.3 § 265.3 Board review of delegated actions.](https://www.frixlaw.com/law-library/statutes/ecfr-12-265.3.md)
- [12 CFR § 265.4 § 265.4 Functions delegated to Board members or staff within the Division of Board Members.](https://www.frixlaw.com/law-library/statutes/ecfr-12-265.4.md)
- [12 CFR § 265.5 § 265.5 Functions delegated to the Secretary of the Board.](https://www.frixlaw.com/law-library/statutes/ecfr-12-265.5.md)
- [12 CFR § 265.6 § 265.6 Functions delegated to the General Counsel.](https://www.frixlaw.com/law-library/statutes/ecfr-12-265.6.md)
- [12 CFR § 265.7 § 265.7 Functions delegated to the Director of the Division of Supervision and Regulation.](https://www.frixlaw.com/law-library/statutes/ecfr-12-265.7.md)
- [12 CFR § 265.8 § 265.8 Functions delegated to the Director of the Division of Consumer and Community Affairs.](https://www.frixlaw.com/law-library/statutes/ecfr-12-265.8.md)
- [12 CFR § 265.9 § 265.9 Functions delegated to the Director of the Division of International Finance.](https://www.frixlaw.com/law-library/statutes/ecfr-12-265.9.md)
- [12 CFR § 265.10 § 265.10 Functions delegated to the Director of the Division of Monetary Affairs.](https://www.frixlaw.com/law-library/statutes/ecfr-12-265.10.md)
- [12 CFR § 265.11 § 265.11 Functions delegated to the Director of the Division of Reserve Bank Operations and Payment Systems.](https://www.frixlaw.com/law-library/statutes/ecfr-12-265.11.md)
- [12 CFR § 265.12 § 265.12 Functions delegated to the Secretary of the Federal Open Market Committee.](https://www.frixlaw.com/law-library/statutes/ecfr-12-265.12.md)
- [12 CFR § 265.13 § 265.13 Functions delegated to the Director of the Division of Financial Stability.](https://www.frixlaw.com/law-library/statutes/ecfr-12-265.13.md)
- [12 CFR § 265.20 § 265.20 Functions delegated to Federal Reserve Banks.](https://www.frixlaw.com/law-library/statutes/ecfr-12-265.20.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/ecfr-12-265.2. Check the current official text before relying on it. Not legal advice.