CFR›Title 12›Chapter I›Part 2 ContainsSections 2.1–2.5CorpusDaily eCFRDisplayed edition2026-04-24Last updated2026-04-24 PART 2—SALES OF CREDIT LIFE INSURANCE Sections 2.1 § 2.1 Authority, purpose, and scope. 2.2 § 2.2 Definitions. 2.3 § 2.3 Distribution of credit life insurance income. 2.4 § 2.4 Bonus and incentive plans. 2.5 § 2.5 Bank compensation. Authority12 U.S.C. 24 (Seventh), 93a, and 1818(n).Source61 FR 51781, Oct. 4, 1996, unless otherwise noted. Previous 1 Part 1—Investment Securities Next 3 Part 3—Capital Adequacy Standards