[Code of Federal Regulations]
[Title 12, Volume 3, Parts 220 to 299]
[Revised as of January 1, 2001]
From the U.S. Government Printing Office via GPO Access
[CITE: 12CFR227.1]

[Page 452]
 
                       TITLE 12--BANKS AND BANKING
 
                   CHAPTER II--FEDERAL RESERVE SYSTEM
 
PART 227--UNFAIR OR DECEPTIVE ACTS OR PRACTICES (REGULATION AA)--Table of Contents
 
                     Subpart A--Consumer Complaints
 
Sec. 227.1  Definitions.

    Authority: Sec. 18(f), Federal Trade Commission Act, as amended by 
Pub. L. 93-637.


    For the purposes of this part,\1\ unless the context indicates 
otherwise, the following definitions apply:
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    \1\ The words this part, as used herein, mean title 12, chapter II, 
part 227 of the Code of Federal Regulations, cited as 12 CFR part 227 
and designated as Regulation AA.
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    (a) Board means the Board of Governors of the Federal Reserve 
System.
    (b) Consumer complaint means an allegation by or on behalf of an 
individual, group of individuals, or other entity that a particular act 
or practice of a State member bank is unfair or deceptive, or in 
violation of a regulation issued by the Board pursuant to a Federal 
statute, or in violation of any other Act or regulation under which the 
bank must operate.
    (c) State member bank means a bank that is chartered by a State and 
is a member of the Federal Reserve System.
    (d) Unless the context indicates otherwise, bank shall be construed 
to mean a State member bank, and complaint to mean a consumer complaint.

[Reg. AA, 41 FR 44362, Oct. 8, 1976]