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§ 1253.1 Purpose and authority.

12 CFR 1253.1

Citation12 CFR 1253.1
CorpusDaily eCFR
Displayed edition2026-09-08
Last updated2026-09-08

§ 1253.1 Purpose and authority.

The purpose of this part is to establish policies and procedures implementing the prior approval authority for Enterprise products, in accordance with section 1321 of the Federal Housing Enterprises Financial Safety and Soundness Act of 1992 (12 U.S.C. 4541), as amended (Safety and Soundness Act).