12 CFR 204.9 - Emergency reserve requirement.

§ 204.9 Emergency reserve requirement.
(a) Finding by Board. The Board may impose, after consulting with the appropriate committees of Congress, additional reserve requirements on depository institutions at any ratio on any liability upon a finding by at least five members of the Board that extraordinary circumstances require such action.
(b) Term. Any action taken under this section shall be valid for a period not exceeding 180 days, and may be extended for further periods of up to 180 days each by affirmative action of at least five members of the Board for each extension.
(c) Reports to Congress. The Board shall transmit promptly to Congress a report of any exercise of its authority under this paragraph and the reasons for the exercise of authority.
(d) Reserve requirements. At present, there are no emergency reserve requirements imposed under this section.
[45 FR 56018, Aug. 22, 1980. Redesignated at 74 FR 25638, May 29, 2009]

Title 12 published on 2015-01-01.

No entries appear in the Federal Register after this date, for 12 CFR Part 204.

This is a list of United States Code sections, Statutes at Large, Public Laws, and Presidential Documents, which provide rulemaking authority for this CFR Part.

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United States Code

Title 12 published on 2015-01-01

The following are ALL rules, proposed rules, and notices (chronologically) published in the Federal Register relating to 12 CFR Part 204 after this date.

  • 2015-04-16; vol. 80 # 73 - Thursday, April 16, 2015
    1. 80 FR 20448 - Regulation D: Reserve Requirements for Depository Institutions
      GPO FDSys XML | Text
      FEDERAL RESERVE SYSTEM
      Notice of proposed rulemaking; request for public comment.
      Comments must be received by May 18, 2015.
      12 CFR Part 204