---
kind: "section"
citation: "12 C.F.R. § 206.1"
title: "12"
number: "206.1"
heading: "Authority, purpose, and scope."
url: "https://uscodex.org/cfr/12/206.1"
---

# §206.1. Authority, purpose, and scope.

- (a) **Authority and purpose.** This part (Regulation F, [12 CFR part 206](/cfr/12/part206.md)) is issued by the Board of Governors of the Federal Reserve System (Board) under authority of section 23 of the Federal Reserve Act ([12 U.S.C. 371b-2](/usc/12/371b-2.md)). The purpose of this part is to limit the risks that the failure of a depository institution would pose to insured depository institutions.
- (b) **Scope.** This part applies to all depository institutions insured by the Federal Deposit Insurance Corporation.

## Notes

### Amendments

[Reg. F, 57 FR 60106, Dec. 18, 1992, as amended at 68 FR 53283, Sept. 10, 2003]

### Authority

Authority: 12 U.S.C. 371b-2

### Source

Source: Reg. F, 57 FR 60106, Dec. 18, 1992, unless otherwise noted.

### Amendments

[Reg. F, 57 FR 60106, Dec. 18, 1992, as amended at 68 FR 53283, Sept. 10, 2003]