---
kind: "section"
citation: "12 C.F.R. § 52.1"
title: "12"
number: "52.1"
heading: "Authority and purpose."
url: "https://uscodex.org/cfr/12/52.1"
---

# §52.1. Authority and purpose.

- (a) **Authority.** This part is issued pursuant to 12 U.S.C. [93a](/usc/12/93a.md), [161](/usc/12/161.md), [1463(a)](/usc/12/1463.md?p=a), [1464(v)](/usc/12/1464.md?p=v), and [1817(a)(12)](/usc/12/1817.md?p=a-12).
- (b) **Purpose.** This part establishes a reduced reporting requirement for a covered depository institution making its reports of condition for the first and third calendar quarters of a year.

## Notes

### Authority

Authority: 12 U.S.C. 93a, 161, 1463(a), 1464(v), and 1817(a)(12).

### Source

Source: 84 FR 29050, June 21, 2019, unless otherwise noted.