---
kind: "section"
citation: "12 C.F.R. § 252.41"
title: "12"
number: "252.41"
heading: "Authority and purpose."
url: "https://uscodex.org/cfr/12/252.41"
---

# §252.41. Authority and purpose.

- (a) **Authority.** 12 U.S.C. [321-338a](/usc/12/321-338a.md), [1818](/usc/12/1818.md), [1831p-1](/usc/12/1831p-1.md), [1844(b)](/usc/12/1844.md?p=b), [1844(c)](/usc/12/1844.md?p=c), [5361](/usc/12/5361.md), [5365](/usc/12/5365.md), [5366](/usc/12/5366.md), [sec. 401(e)](/cfr/12/401.md?p=e), Pub. L. 115-174, 132 Stat. 1296.
- (b) **Purpose.** This subpart implements [section 165](/cfr/12/165.md) of the Dodd-Frank Act ([12 U.S.C. 5365](/usc/12/5365.md)) and [section 401(e)](/cfr/12/401.md?p=e) of the Economic Growth, Regulatory Relief, and Consumer Protection Act, which requires the Board to conduct annual analyses of nonbank financial companies supervised by the Board and bank holding companies with $100 billion or more in total consolidated assets to evaluate whether such companies have the capital, on a total consolidated basis, necessary to absorb losses as a result of adverse economic conditions.

## Notes

### Amendments

[84 FR 59105, Nov. 1, 2019]

### Source

Source: Reg. YY, 79 FR 64049, Oct. 27, 2014, unless otherwise noted.

### Authority

Authority: 12 U.S.C. 321-338a, 481-486, 1467a, 1818, 1828, 1831n, 1831o, 1831p-1, 1831w, 1835, 1844(b), 1844(c), 3101 et seq., 3101 note, 3904, 3906-3909, 4808, 5361, 5362, 5365, 5366, 5367, 5368, 5371.

### Source

Source: 77 FR 62391, Oct. 12, 2012, unless otherwise noted.

### Amendments

[84 FR 59105, Nov. 1, 2019]
