---
kind: "section"
citation: "12 C.F.R. § 252.47"
title: "12"
number: "252.47"
heading: "Corporate use of stress test results."
url: "https://uscodex.org/cfr/12/252.47"
---

# §252.47. Corporate use of stress test results.

- (a) **In general.** The board of directors and senior management of each covered company must consider the results of the analysis conducted by the Board under this subpart, as appropriate:
  - (1) As part of the covered company's capital plan and capital planning process, including when making changes to the covered company's capital structure (including the level and composition of capital);
  - (2) When assessing the covered company's exposures, concentrations, and risk positions; and
  - (3) **In the development or implementation of any plans of the covered company for recovery or resolution.**
- (b) **Resolution plan updates.** Each covered company must update its resolution plan as the Board determines appropriate, based on the results of the Board's analyses of the covered company under this subpart.

## Notes

### 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.