(a) Authority. This part is issued under the authority of sections 10A, 10B, 11(i), 11(j), 13, 13A, 14(d), and 19 of the Federal Reserve Act (12 U.S.C. 248(i)-(j), 343 et seq., 347a, 347b, 347c, 348 et seq., 357, 374, 374a, and 461).
(b) Purpose and scope. This part establishes rules under which a Federal Reserve Bank may extend credit to depository institutions and others. Except as otherwise provided, this part applies to United States branches and agencies of foreign banks that are subject to reserve requirements under Regulation D (12 CFR part 204) in the same manner and to the same extent as this part applies to depository institutions. The Federal Reserve System extends credit with due regard to the basic objectives of monetary policy and the maintenance of a sound and orderly financial system.
[Reg. A, 67 FR 67785, Nov. 7, 2002]
Notes of Decisions
McKinley v. Bd. of Governors of the Fed. Reserve Sys., 647 F.3d 331 (D.C. Cir. 2011).
· cites it 2× “” 12 C.F.R. § 201.1 (b). As noted, the Board and Reserve Banks work together “to assist in achieving national economic goals through [the Reserve System’s] influence on the availability and cost of bank reserves, bank credit, and money.”
Bishop v. Wells Fargo & Co., 823 F.3d 35 (2d Cir. 2016).
“201, which was promulgated under the Federal Reserve Act and the International Banking Act of 1978, see 12 C.F.R. § 201.1 . Regulation A provides that a “Federal Reserve Bank may extend primary credit on a very short-term basis, usually overnight, as a backup source of funding…”
Virginia F. Miller v. Am. Express Co., 688 F.2d 1235 (9th Cir. 1982).
“In order to carry out the purposes of the ECOA, the Board promulgated the regulations codified at 12 C.F.R. §§ 201.1 et seq. Section 202.7(c)(1) provides that a creditor shall not terminate the account of a person who is contractually liable on an existing open end account on…”
Vern Mckinley v. Bd. of Gov. Fed. Reserve Sys (D.C. Cir. 2011).
· cites it 2× “” 12 C.F.R. § 201.1 (b). As noted, the Board and Reserve Banks work together “to assist in achieving national economic goals through [the Reserve System’s] influence on the availability and cost of bank reserves, bank credit, and money.”
Paul Bishop v. Wells Fargo (2d Cir. 2016).
“201, which was promulgated under the Federal Reserve Act and the International Banking Act of 1978, see 12 C.F.R. § 201.1 . Regulation A provides 8 that a “Federal Reserve Bank may extend primary credit on a very short‐term basis, usually overnight, as a backup source of funding…”
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