---
kind: "section"
citation: "12 C.F.R. § 1236.2"
title: "12"
number: "1236.2"
heading: "Definitions."
url: "https://uscodex.org/cfr/12/1236.2"
---

# §1236.2. Definitions.


Unless otherwise indicated, terms used in this part have the meanings that they have in [part 1201](/cfr/12/part1201.md) of this chapter, in the Safety and Soundness Act, [12 U.S.C. 4501](/usc/12/4501.md) et seq., or in the Bank Act, [12 U.S.C. 1421](/usc/12/1421.md) et seq.

Extraordinary growth—(1) For purposes of [12 U.S.C. 4513b(b)(3)(C)](/usc/12/4513b.md?p=b-3-C), means:

- (i) With respect to a Bank, growth of non-advance assets in excess of 30 percent over the six calendar quarter period preceding the date on which FHFA notified the Bank that it was required to submit a corrective plan; and
- (ii) With respect to an Enterprise, quarterly non-annualized growth of assets in excess of 7.5 percent in any calendar quarter during the six calendar quarter period preceding the date on which FHFA notified the Enterprise that it was required to submit a corrective plan.
  - (2) For purposes of calculating an increase in assets, assets acquired through merger or acquisition approved by FHFA are not to be included.

    Standard(s) means any one (or more) of the prudential management and operations standards established by the Director pursuant to [12 U.S.C. 4513b(a)](/usc/12/4513b.md?p=a). Standard includes the introductory statement of general responsibilities of boards of directors and senior management of the regulated entities set forth in the appendix to this part.


## Notes

### Amendments

[77 FR 33959, June 8, 2012, as amended at 78 FR 2324, Jan. 11, 2013; 80 FR 72336, Nov. 19, 2015; 89 FR 3539, Jan. 19, 2024]

### Authority

Authority: 12 U.S.C. 4511, 4513(a) and (f), 4513b, and 4526.

### Source

Source: 77 FR 33959, June 8, 2012, unless otherwise noted.

### Amendments

[77 FR 33959, June 8, 2012, as amended at 78 FR 2324, Jan. 11, 2013; 80 FR 72336, Nov. 19, 2015; 89 FR 3539, Jan. 19, 2024]