---
kind: "section"
citation: "12 C.F.R. § 347.208"
title: "12"
number: "347.208"
heading: "Assessment base deductions by insured branch."
url: "https://uscodex.org/cfr/12/347.208"
---

# §347.208. Assessment base deductions by insured branch.


Deposits in an insured branch to the credit of the foreign bank or any of its offices, branches, agencies, or wholly owned subsidiaries may be deducted from the assessment base of the insured branch.


## Notes

### Authority

Authority: 12 U.S.C. 1813, 1815, 1817, 1819, 1820, 1828, 3103, 3104, 3105, 3108, 3109; Pub L. No. 111-203, section 939A, 124 Stat. 1376, 1887 (July 21, 2010) (codified 15 U.S.C. 78o-7 note).

### Source

Source: 70 FR 17560, Apr. 6, 2005, unless otherwise noted.