Title 12

PART 221

Part 221 - Credit By Banks And Persons Other Than Brokers Or Dealers For The Purpose Of Purchasing Or Carrying Margin Stock (regulation U)

PART 221 - CREDIT BY BANKS AND PERSONS OTHER THAN BROKERS OR DEALERS FOR THE PURPOSE OF PURCHASING OR CARRYING MARGIN STOCK (REGULATION U) Authority:15 U.S.C. 78c, 78g, 78q, and 78w. Source:Reg. U, 63 FR 2827, Jan. 16, 1998, unless otherwise noted.

• Authority: 15 U.S.C. 78c, 78g, 78q, and 78w.
• Source: Reg. U, 63 FR 2827, Jan. 16, 1998, unless otherwise noted.

12:3.0.1.1.2.0.2	SUBJGRP 2	Interpretations
12:3.0.1.1.2.0.2.1	SECTION 221.1	221.1 Authority, purpose, and scope.
12:3.0.1.1.2.0.2.2	SECTION 221.2	221.2 Definitions.
12:3.0.1.1.2.0.2.3	SECTION 221.3	221.3 General requirements.
12:3.0.1.1.2.0.2.4	SECTION 221.4	221.4 Employee stock option, purchase, and ownership plans.
12:3.0.1.1.2.0.2.5	SECTION 221.5	221.5 Special purpose loans to brokers and dealers.
12:3.0.1.1.2.0.2.6	SECTION 221.6	221.6 Exempted transactions.
12:3.0.1.1.2.0.2.7	SECTION 221.7	221.7 Supplement: Maximum loan value of margin stock and other collateral.
12:3.0.1.1.2.0.2.8	SECTION 221.101	221.101 Determination and effect of purpose of loan.
12:3.0.1.1.2.0.2.9	SECTION 221.102	221.102 Application to committed credit where funds are disbursed thereafter.
12:3.0.1.1.2.0.2.10	SECTION 221.103	221.103 Loans to brokers or dealers.
12:3.0.1.1.2.0.2.11	SECTION 221.104	221.104 Federal credit unions.
12:3.0.1.1.2.0.2.12	SECTION 221.105	221.105 Arranging for extensions of credit to be made by a bank.
12:3.0.1.1.2.0.2.13	SECTION 221.106	221.106 Reliance in “good faith” on statement of purpose of loan.
12:3.0.1.1.2.0.2.14	SECTION 221.107	221.107 Arranging loan to purchase open-end investment company shares.
12:3.0.1.1.2.0.2.15	SECTION 221.108	221.108 Effect of registration of stock subsequent to making of loan.
12:3.0.1.1.2.0.2.16	SECTION 221.109	221.109 Loan to open-end investment company.
12:3.0.1.1.2.0.2.17	SECTION 221.110	221.110 Questions arising under this part.
12:3.0.1.1.2.0.2.18	SECTION 221.111	221.111 Contribution to joint venture as extension of credit when the contribution is disproportionate to the contributor's share in the venture's profits or losses.
12:3.0.1.1.2.0.2.19	SECTION 221.112	221.112 Loans by bank in capacity as trustee.
12:3.0.1.1.2.0.2.20	SECTION 221.113	221.113 Loan which is secured indirectly by stock.
12:3.0.1.1.2.0.2.21	SECTION 221.114	221.114 Bank loans to purchase stock of American Telephone and Telegraph Company under Employees' Stock Plan.
12:3.0.1.1.2.0.2.22	SECTION 221.115	221.115 Accepting a purpose statement through the mail without benefit of face-to-face interview.
12:3.0.1.1.2.0.2.23	SECTION 221.116	221.116 Bank loans to replenish working capital used to purchase mutual fund shares.
12:3.0.1.1.2.0.2.24	SECTION 221.117	221.117 When bank in “good faith” has not relied on stock as collateral.
12:3.0.1.1.2.0.2.25	SECTION 221.118	221.118 Bank arranging for extension of credit by corporation.
12:3.0.1.1.2.0.2.26	SECTION 221.119	221.119 Applicability of plan-lender provisions to financing of stock options and stock purchase rights qualified or restricted under Internal Revenue Code.
12:3.0.1.1.2.0.2.27	SECTION 221.120	221.120 Allocation of stock collateral to purpose and nonpurpose credits to same customer.
12:3.0.1.1.2.0.2.28	SECTION 221.121	221.121 Extension of credit in certain stock option and stock purchase plans.
12:3.0.1.1.2.0.2.29	SECTION 221.122	221.122 Applicability of margin requirements to credit in connection with Insurance Premium Funding Programs.
12:3.0.1.1.2.0.2.30	SECTION 221.123	221.123 Combined credit for exercising employee stock options and paying income taxes incurred as a result of such exercise.
12:3.0.1.1.2.0.2.31	SECTION 221.124	221.124 Purchase of debt securities to finance corporate takeovers.
12:3.0.1.1.2.0.2.32	SECTION 221.125	221.125 Credit to brokers and dealers.

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