[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: 12CFR210.1]

[Page 312]
 
                       TITLE 12--BANKS AND BANKING
 
                   CHAPTER II--FEDERAL RESERVE SYSTEM
 
PART 210--COLLECTION OF CHECKS AND OTHER ITEMS BY FEDERAL RESERVE BANKS AND FUNDS TRANSFERS THROUGH FEDWIRE (REGULATION J)--Table of Contents
 
Subpart A--Collection of Checks and Other Items By Federal Reserve Banks
 
Sec. 210.1  Authority, purpose, and scope.


    The Board of Governors of the Federal Reserve System (Board) has 
issued this subpart pursuant to the Federal Reserve Act, sections 11 (i) 
and (j) (12 U.S.C. 248 (i) and (j)), section 13 (12 U.S.C. 342), section 
16 (12 U.S.C. 248(o) and 360), and section 19(f) (12 U.S.C. 464); the 
Expedited Funds Availability Act (12 U.S.C. 4001 et seq.); and other 
laws. This subpart governs the collection of checks and other cash and 
noncash items and the handling of returned checks by Federal Reserve 
Banks. Its purpose is to provide rules for collecting and returning 
items and settling balances.

[53 FR 21984, June 13, 1988, as amended at Reg. J, 59 FR 22965, May 4, 
1994]