---
kind: "section"
citation: "12 C.F.R. § 265.2"
title: "12"
number: "265.2"
heading: "Delegation of functions generally."
url: "https://uscodex.org/cfr/12/265.2"
---

# §265.2. Delegation of functions generally.

- (a) **The Board has determined to delegate authority to exercise the functions described in this part.**
- (b) The Chair of the Board shall assign responsibility for performing such delegated functions.
- (c) Where a delegatee must act with the concurrence of a Board employee, or in consultation with a Board employee, that Board employee may subdelegate his or her authority to concur or be consulted on the delegated action to an employee within the same division or office.

## Notes

### Authority

Authority: 12 U.S.C. 248(i) and (k).

### Source

Source: 87 FR 54003, Sept. 1, 2022, unless otherwise noted.