Protected amount

Protected amount means the lesser of the sum of all benefit payments posted to an account between the close of business on the beginning date of the lookback period and the open of business on the ending date of the lookback period, or the balance in an account when the account review is performed. Examples illustrating the application of this definition are included in Appendix C to this part.

Source

31 CFR § 212.3

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Scoping language

For the purposes of this part, the following definitions apply.

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