---
kind: "section"
citation: "12 C.F.R. § 28.50"
title: "12"
number: "28.50"
heading: "Authority, purpose, and scope."
url: "https://uscodex.org/cfr/12/28.50"
---

# §28.50. Authority, purpose, and scope.

- (a) **Authority.** This subpart is issued pursuant to [12 U.S.C. 1](/usc/12/1.md) et seq., 93a, 161, and 1818; and the International Lending Supervision Act of 1983 (Pub. L. 98-181, title IX, 97 Stat. 1153, [12 U.S.C. 3901](/usc/12/3901.md) et seq.).
- (b) **Purpose.** This subpart implements the requirements of the International Lending Supervision Act of 1983 ([12 U.S.C. 3901](/usc/12/3901.md) et seq.),
- (c) **Scope.** This subpart requires national banks to establish reserves against the risks presented in certain international assets and sets forth the accounting for various fees received by the banks when making international loans.

## Notes

### Amendments

[61 FR 19532, May 2, 1996, as amended at 73 FR 22251, Apr. 24, 2008]

### Authority

Authority: 12 U.S.C. 1 et seq., 24(Seventh), 93a, 161, 602, 1818, 3101 et seq., and 3901 et seq.

### Source

Source: 61 FR 19532, May 2, 1996, unless otherwise noted.

### Amendments

[61 FR 19532, May 2, 1996, as amended at 73 FR 22251, Apr. 24, 2008]