---
kind: "section"
citation: "12 C.F.R. § 250.160"
title: "12"
number: "250.160"
heading: "Federal funds transactions."
url: "https://uscodex.org/cfr/12/250.160"
---

# §250.160. Federal funds transactions.

- (a) It is the position of the Board of Governors of the Federal Reserve System that, for purposes of provisions of law administered by the Board, a transaction in Federal funds involves a loan on the part of the selling bank and a borrowing on the part of the purchasing bank.
- (b) [Reserved]

## Notes

### Amendments

[33 FR 9866, July 10, 1968, as amended at 67 FR 76622, Dec. 12, 2002]

### Authority

Authority: 12 U.S.C. 78, 248(i), 371c(f) and 371c-1(e).

### Source

Source: 33 FR 9866, July 10, 1968, unless otherwise noted.

### Amendments

[33 FR 9866, July 10, 1968, as amended at 67 FR 76622, Dec. 12, 2002]