§1269.2. Standby letters of credit on behalf of members. — Inbound Citations
12 C.F.R. § 1269.2
Statutory Authority
Cited by 1 regulation in release Current.
Citations to 12 U.S.C. § 1269.2 as a whole
-
(1) A Bank may take such steps as it deems necessary to protect its secured position on standby letters of credit, including requiring additional collateral, whether or not such additional collateral conforms to the requirements of § 1269.2 or § 1269.3.3 of this part.