Appendix C to Part 205 - Issuance of Staff Interpretations
12:2.0.1.1.6.0.3.20.8 : Appendix C
Appendix C to Part 205 - Issuance of Staff Interpretations Official
Staff Interpretations
Pursuant to section 915(d) of the act, the Board has designated
the director and other officials of the Division of Consumer and
Community Affairs as officials “duly authorized” to issue, at their
discretion, official staff interpretations of this part. Except in
unusual circumstances, such interpretations will not be issued
separately but will be incorporated in an official commentary to
this part, which will be amended periodically.
Requests for Issuance of Official Staff Interpretations
A request for an official staff interpretation shall be in
writing and addressed to the Director, Division of Consumer and
Community Affairs, Board of Governors of the Federal Reserve
System, Washington, D.C. 20551. The request shall contain a
complete statement of all relevant facts concerning the issue,
including copies of all pertinent documents.
Scope of Interpretations
No staff interpretations will be issued approving financial
institutions' forms or statements. This restriction does not apply
to forms or statements whose use is required or sanctioned by a
government agency.