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§ 223.13 What safety and soundness requirement applies to covered transactions?

12 CFR 223.13

Citation12 CFR 223.13
CorpusDaily eCFR
Displayed edition2026-06-18
Last updated2026-06-18

§ 223.13 What safety and soundness requirement applies to covered transactions?

A member bank may not engage in any covered transaction, including any transaction exempt under this regulation, unless the transaction is on terms and conditions that are consistent with safe and sound banking practices.