Title 12

PART 221

Part 221 - Credit By Banks And Persons Other Than Brokers Or Dealers For The Purpose Of Purchasing Or Carrying Margin Stock (regulation U)

PART 221 - CREDIT BY BANKS AND PERSONS OTHER THAN BROKERS OR DEALERS FOR THE PURPOSE OF PURCHASING OR CARRYING MARGIN STOCK (REGULATION U) Authority:15 U.S.C. 78c, 78g, 78q, and 78w. Source:Reg. U, 63 FR 2827, Jan. 16, 1998, unless otherwise noted.

12:3.0.1.1.2.0.2SUBJGRP 2
   Interpretations
12:3.0.1.1.2.0.2.1SECTION 221.1
   221.1 Authority, purpose, and scope.
12:3.0.1.1.2.0.2.2SECTION 221.2
   221.2 Definitions.
12:3.0.1.1.2.0.2.3SECTION 221.3
   221.3 General requirements.
12:3.0.1.1.2.0.2.4SECTION 221.4
   221.4 Employee stock option, purchase, and ownership plans.
12:3.0.1.1.2.0.2.5SECTION 221.5
   221.5 Special purpose loans to brokers and dealers.
12:3.0.1.1.2.0.2.6SECTION 221.6
   221.6 Exempted transactions.
12:3.0.1.1.2.0.2.7SECTION 221.7
   221.7 Supplement: Maximum loan value of margin stock and other collateral.
12:3.0.1.1.2.0.2.8SECTION 221.101
   221.101 Determination and effect of purpose of loan.
12:3.0.1.1.2.0.2.9SECTION 221.102
   221.102 Application to committed credit where funds are disbursed thereafter.
12:3.0.1.1.2.0.2.10SECTION 221.103
   221.103 Loans to brokers or dealers.
12:3.0.1.1.2.0.2.11SECTION 221.104
   221.104 Federal credit unions.
12:3.0.1.1.2.0.2.12SECTION 221.105
   221.105 Arranging for extensions of credit to be made by a bank.
12:3.0.1.1.2.0.2.13SECTION 221.106
   221.106 Reliance in “good faith” on statement of purpose of loan.
12:3.0.1.1.2.0.2.14SECTION 221.107
   221.107 Arranging loan to purchase open-end investment company shares.
12:3.0.1.1.2.0.2.15SECTION 221.108
   221.108 Effect of registration of stock subsequent to making of loan.
12:3.0.1.1.2.0.2.16SECTION 221.109
   221.109 Loan to open-end investment company.
12:3.0.1.1.2.0.2.17SECTION 221.110
   221.110 Questions arising under this part.
12:3.0.1.1.2.0.2.18SECTION 221.111
   221.111 Contribution to joint venture as extension of credit when the contribution is disproportionate to the contributor's share in the venture's profits or losses.
12:3.0.1.1.2.0.2.19SECTION 221.112
   221.112 Loans by bank in capacity as trustee.
12:3.0.1.1.2.0.2.20SECTION 221.113
   221.113 Loan which is secured indirectly by stock.
12:3.0.1.1.2.0.2.21SECTION 221.114
   221.114 Bank loans to purchase stock of American Telephone and Telegraph Company under Employees' Stock Plan.
12:3.0.1.1.2.0.2.22SECTION 221.115
   221.115 Accepting a purpose statement through the mail without benefit of face-to-face interview.
12:3.0.1.1.2.0.2.23SECTION 221.116
   221.116 Bank loans to replenish working capital used to purchase mutual fund shares.
12:3.0.1.1.2.0.2.24SECTION 221.117
   221.117 When bank in “good faith” has not relied on stock as collateral.
12:3.0.1.1.2.0.2.25SECTION 221.118
   221.118 Bank arranging for extension of credit by corporation.
12:3.0.1.1.2.0.2.26SECTION 221.119
   221.119 Applicability of plan-lender provisions to financing of stock options and stock purchase rights qualified or restricted under Internal Revenue Code.
12:3.0.1.1.2.0.2.27SECTION 221.120
   221.120 Allocation of stock collateral to purpose and nonpurpose credits to same customer.
12:3.0.1.1.2.0.2.28SECTION 221.121
   221.121 Extension of credit in certain stock option and stock purchase plans.
12:3.0.1.1.2.0.2.29SECTION 221.122
   221.122 Applicability of margin requirements to credit in connection with Insurance Premium Funding Programs.
12:3.0.1.1.2.0.2.30SECTION 221.123
   221.123 Combined credit for exercising employee stock options and paying income taxes incurred as a result of such exercise.
12:3.0.1.1.2.0.2.31SECTION 221.124
   221.124 Purchase of debt securities to finance corporate takeovers.
12:3.0.1.1.2.0.2.32SECTION 221.125
   221.125 Credit to brokers and dealers.