Regulations last checked for updates: Nov 26, 2024

Title 12 - Banks and Banking last revised: Nov 20, 2024
§ 390.313 - Tax and loan account.

The term tax and loan account means an account, the balance of which is subject to the right of immediate withdrawal, established for receipt of payments of Federal taxes and certain United States obligations. Such accounts are not savings accounts or savings deposits.

authority: 12 U.S.C. 1819.
source: 76 FR 47655, Aug. 5, 2011, unless otherwise noted.
cite as: 12 CFR 390.313