[Code of Federal Regulations]
[Title 12, Volume 2]
[Revised as of January 1, 2003]
From the U.S. Government Printing Office via GPO Access
[CITE: 12CFR206.7]

[Page 197]
 
                       TITLE 12--BANKS AND BANKING
 
                   CHAPTER II--FEDERAL RESERVE SYSTEM
 
PART 206--LIMITATIONS ON INTERBANK LIABILITIES (REGULATION F)--Table of Contents
 
Sec. 206.7  Transition provisions.

    (a) Beginning on June 19, 1993, a bank shall comply with the 
prudential standards prescribed under Sec. 206.3 of this part.
    (b) Beginning on June 19, 1994, a bank shall comply with the limit 
on credit exposure to an individual correspondent required under 
Sec. 206.4(a) of this part, but for a period of one year after this date 
the limit shall be 50 percent of the bank's total capital.