Regulations last checked for updates: Oct 17, 2024

Title 12 - Banks and Banking last revised: Oct 15, 2024
§ 347.208 - Assessment base deductions by insured branch.

Deposits in an insured branch to the credit of the foreign bank or any of its offices, branches, agencies, or wholly owned subsidiaries may be deducted from the assessment base of the insured branch.

authority: 12 U.S.C. 1813,1815,1817,1819,1820,1828,3103,3104,3105,3108,3109; Pub L. No. 111-203, section 939A, 124 Stat. 1376, 1887 (July 21, 2010) (codified 15 U.S.C. 78o-7 note)
source: 70 FR 17560, Apr. 6, 2005, unless otherwise noted.
cite as: 12 CFR 347.208