2011 US Code
Title 22 - Foreign Relations and Intercourse
Chapter 62 - INTERNATIONAL FINANCIAL POLICY (§§ 5301 - 5354)
Subchapter IV - FINANCIAL REPORTS (§§ 5351 - 5354)
Section 5354 - Banks loan loss reserves

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Metadata
Publication TitleUnited States Code, 2006 Edition, Supplement 5, Title 22 - FOREIGN RELATIONS AND INTERCOURSE
CategoryBills and Statutes
CollectionUnited States Code
SuDoc Class NumberY 1.2/5:
Contained WithinTitle 22 - FOREIGN RELATIONS AND INTERCOURSE
CHAPTER 62 - INTERNATIONAL FINANCIAL POLICY
SUBCHAPTER IV - FINANCIAL REPORTS
Sec. 5354 - Banks loan loss reserves
Containssection 5354
Date2011
Laws in Effect as of DateJanuary 3, 2012
Positive LawNo
Dispositionstandard
Source CreditPub. L. 100-418, title III, §3604, Aug. 23, 1988, 102 Stat. 1388.
Statutes at Large Reference102 Stat. 1388
Public Law ReferencesPublic Law 100-418, Public Law 104-14
Congressional Bill ReferenceUnknown Value5 107th Congress

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22 USC § 5354 (2011)
§5354. Banks loan loss reserves

The Federal Reserve Board shall submit to the Committee on Banking, Housing, and Urban Affairs of the Senate and the Committee on Banking, Finance and Urban Affairs of the House of Representatives a report on the issues raised by including loan loss reserves as part of banks’ primary capital for regulatory purposes by March 31, 1989. Such report shall include a review of the treatment of loan loss reserves and the composition of primary capital of banks in other major industrialized countries, and shall include an analysis as to whether loan loss reserves should continue to be counted as primary capital for regulatory purposes.

(Pub. L. 100–418, title III, §3604, Aug. 23, 1988, 102 Stat. 1388.)

Change of Name

Committee on Banking, Finance and Urban Affairs of House of Representatives treated as referring to Committee on Banking and Financial Services of House of Representatives by section 1(a) of Pub. L. 104–14, set out as a note preceding section 21 of Title 2, The Congress. Committee on Banking and Financial Services of House of Representatives abolished and replaced by Committee on Financial Services of House of Representatives, and jurisdiction over matters relating to securities and exchanges and insurance generally transferred from Committee on Energy and Commerce of House of Representatives by House Resolution No. 5, One Hundred Seventh Congress, Jan. 3, 2001.

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