Definitions.

CFR · 2024-01-01 · US · Title 12

(a) Except as modified in this subpart, or unless the context otherwise requires, the terms used in this subpart have the same meanings as set forth in 12 U.S.C. 1813. (b) For purposes of this subpart, the following definitions apply. (1) (2) (3) (4) (5) (6) (7) (i) Ability to carry out banking operations, activities, or processes, or deliver banking products and services to a material portion of its customer base, in the ordinary course of business; (ii) Business line(s), including associated operations, services, functions, and support, that upon failure would result in a material loss of revenue, profit, or franchise value; or (iii) Operations, including associated services, functions and support, as applicable, the failure or discontinuance (8)

official document · source cfr-2024 · id 12:§ 225.301