---
kind: "section"
citation: "12 C.F.R. § 303.200"
title: "12"
number: "303.200"
heading: "Scope."
url: "https://uscodex.org/cfr/12/303.200"
---

# §303.200. Scope.

- (a) **General.**
  - (1) This subpart covers applications filed pursuant to section 38 of the FDI Act ([12 U.S.C. 1831o](/usc/12/1831o.md)), which requires insured depository institutions that are not adequately capitalized to receive approval prior to engaging in certain activities. [Section 38](/cfr/12/38.md) restricts or prohibits certain activities and requires an insured depository institution to submit a capital restoration plan when it becomes undercapitalized. The restrictions and prohibitions become more severe as an institution's capital level declines.
  - (2) Definitions of the capital categories referenced in this Prompt Corrective Action subpart may be found in [subpart H of part 324](/cfr/12/part324-subpartH.md) of this chapter.
- (b) **Institutions covered.** Restrictions and prohibitions contained in [subpart H of part 324](/cfr/12/part324-subpartH.md) of this chapter apply primarily to FDIC-supervised institutions, as well as to directors and senior executive officers of those institutions. Portions of [subpart H of part 324](/cfr/12/part324-subpartH.md) of this chapter also apply to all insured depository institutions that are deemed to be critically undercapitalized.

## Notes

### Amendments

[67 FR 79247, Dec. 27, 2002, as amended at 78 FR 55470, Sept. 10, 2013; 83 FR 17739, Apr. 24, 2018; 85 FR 3245, Jan. 21, 2020]

### Authority

Authority: 12 U.S.C. 378, 1464, 1813, 1815, 1817, 1818, 1819(a) (Seventh and Tenth), 1820, 1823, 1828, 1829, 1831a, 1831e, 1831 o, 1831p-1, 1831w, 1835a, 1843(l), 3104, 3105, 3108, 3207, 5414, 5415, and 15 U.S.C. 1601-1607.

### Source

Source: 67 FR 79247, Dec. 27, 2002, unless otherwise noted.

### Amendments

[67 FR 79247, Dec. 27, 2002, as amended at 78 FR 55470, Sept. 10, 2013; 83 FR 17739, Apr. 24, 2018; 85 FR 3245, Jan. 21, 2020]