2021 US Code
Title 22 - Foreign Relations and Intercourse
Chapter 62 - International Financial Policy
Subchapter IV - Financial Reports
Sec. 5354 - Banks loan loss reserves
22 U.S.C. § 5354 (2021) |
§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.) |
STATUTORY NOTES AND RELATED SUBSIDIARIES
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. |
United States Code, 2018 Edition, Supplement 3, Title 22 - FOREIGN RELATIONS AND INTERCOURSE |
Bills and Statutes |
United States Code |
Y 1.2/5: |
Title 22 - FOREIGN RELATIONS AND INTERCOURSE CHAPTER 62 - INTERNATIONAL FINANCIAL POLICY SUBCHAPTER IV - FINANCIAL REPORTS Sec. 5354 - Banks loan loss reserves |
section 5354 |
2021 |
January 3, 2022 |
No |
standard |
102 Stat. 1388 |
Public Law 100-418, Public Law 104-14 |
H. Res.5 107th Congress |