§1272.1. Definitions.
12 C.F.R. § 1272.1
As used in this part:
Business Day means any calendar day other than a Saturday, Sunday, or legal public holiday listed in 5 U.S.C. 6103.
NBA Notice Date means the date on which FHFA receives a new business activity notice.
New business activity (NBA) means any business activity undertaken, transacted, conducted, or engaged in by a Bank that entails material risks not previously managed by the Bank. A Bank's acceptance of a new type of advance collateral does not constitute an NBA.
Notes, amendments, and revision history
Authority
Authority: 12 U.S.C. 1431(a), 1432(a), 4511(b), 4513, 4526(a).
Source
Source: 81 FR 91694, Dec. 19, 2016, unless otherwise noted.