---
kind: "section"
citation: "12 C.F.R. § 238.134"
title: "12"
number: "238.134"
heading: "Review of the Board's analysis; publication of summary results."
url: "https://uscodex.org/cfr/12/238.134"
---

# §238.134. Review of the Board's analysis; publication of summary results.

- (a) **Review of results.** Based on the results of the analysis conducted under this subpart, the Board will conduct an evaluation to determine whether the covered company has the capital, on a total consolidated basis, necessary to absorb losses and continue its operation by maintaining ready access to funding, meeting its obligations to creditors and other counterparties, and continuing to serve as a credit intermediary under baseline and severely adverse scenarios, and any additional scenarios.
- (b) **Publication of results by the Board.**
  - (1) The Board will publicly disclose a summary of the results of the Board's analyses of a covered company by June 30 of the calendar year in which the stress test was conducted pursuant to [§ 238.132](/cfr/12/238.132.md).
  - (2) The Board will notify companies of the date on which it expects to publicly disclose a summary of the Board's analyses pursuant to [paragraph (b)(1)](#b-1) of this section at least 14 calendar days prior to the expected disclosure date.

## Notes

### Source

Source: 84 FR 59083, Nov. 1, 2019, unless otherwise noted.

### Authority

Authority: 5 U.S.C. 552, 559; 12 U.S.C. 1462, 1462a, 1463, 1464, 1467, 1467a, 1468, 5365; 1813, 1817, 1829e, 1831i, 1972, 15 U.S.C. 78 l.

### Source

Source: Reg. LL, 76 FR 56532, Sept. 13, 2011, unless otherwise noted.