---
kind: "section"
citation: "12 C.F.R. § 1271.5"
title: "12"
number: "1271.5"
heading: "Operations."
url: "https://uscodex.org/cfr/12/1271.5"
---

# §1271.5. Operations.


A Bank may utilize the services of a Federal Reserve Bank and may become a member or use the services of a clearinghouse, public or private financial institution, or agency in the exercise of any powers or functions under this subpart.


## Notes

### Authority

Authority: 12 U.S.C. 1430, 1431, 1432, 1441(b)(8), (c), (j), 1442, 4511(b), 4513(a), 4526.

### Source

Source: 78 FR 2324, Jan. 11, 2013, unless otherwise noted.
