title_number stringclasses 37
values | title_name stringclasses 37
values | section_id stringlengths 18 24 | section_heading stringlengths 8 875 | part_number stringlengths 1 5 | part_heading stringlengths 12 349 | text stringlengths 8 1.65M | source_file stringclasses 37
values | embedding sequencelengths 384 384 |
|---|---|---|---|---|---|---|---|---|
12 | Title 12—Banks and Banking--Volume 1 | 12:1.0.1.1.1.0.1.1 | § 1.1 Authority, purpose, scope, and reservation of authority. | 1 | PART 1—INVESTMENT SECURITIES | § 1.1 Authority, purpose, scope, and reservation of authority.
(a) Authority. This part is issued pursuant to 12 U.S.C. 1 et seq., 12 U.S.C. 24 (Seventh), and 12 U.S.C. 93a.
(b) Purpose This part prescribes standards under which national banks may purchase, sell, deal in, underwrite, and hold securities, consistent w... | ECFR-title12.xml | [
0.022964969277381897,
-0.062303636223077774,
-0.07712870836257935,
-0.013747458346188068,
-0.012709977105259895,
-0.01648913510143757,
0.07338856905698776,
0.02025134302675724,
0.06133098900318146,
-0.07914730906486511,
-0.02181149832904339,
0.03424661606550217,
0.005660184659063816,
0.029... |
12 | Title 12—Banks and Banking--Volume 1 | 12:1.0.1.1.1.0.1.2 | § 1.2 Definitions. | 1 | PART 1—INVESTMENT SECURITIES | § 1.2 Definitions.
(a) Capital and surplus means:
(1) For qualifying community banking organizations that have elected to use the community bank leverage ratio framework, as set forth under the OCC's Capital Adequacy Standards at part 3 of this chapter:
(i) A qualifying community banking organization's tier 1 capital... | ECFR-title12.xml | [
-0.0025079171173274517,
-0.02635972388088703,
-0.04475732147693634,
0.044683657586574554,
-0.006574883591383696,
-0.004244506359100342,
-0.007493111304938793,
0.07530472427606583,
0.00967375561594963,
-0.0688823014497757,
0.0006552896811626852,
-0.11217762529850006,
0.029983017593622208,
-... |
12 | Title 12—Banks and Banking--Volume 1 | 12:1.0.1.1.1.0.1.3 | § 1.3 Limitations on dealing in, underwriting, and purchase and sale of securities. | 1 | PART 1—INVESTMENT SECURITIES | § 1.3 Limitations on dealing in, underwriting, and purchase and sale of securities.
(a) Type I securities. A national bank may deal in, underwrite, purchase, and sell Type I securities for its own account. The amount of Type I securities that the bank may deal in, underwrite, purchase, and sell is not limited to a sp... | ECFR-title12.xml | [
-0.01357182115316391,
-0.07901425659656525,
-0.03915579244494438,
-0.06189288571476936,
-0.04831358417868614,
-0.0631236881017685,
0.09699131548404694,
0.03873463720083237,
0.006041022948920727,
-0.04901638999581337,
-0.022386236116290092,
0.015901831910014153,
0.00819794088602066,
-0.0270... |
12 | Title 12—Banks and Banking--Volume 1 | 12:1.0.1.1.1.0.1.4 | § 1.4 Calculation of limits. | 1 | PART 1—INVESTMENT SECURITIES | § 1.4 Calculation of limits.
(a) Calculation date. For purposes of determining compliance with 12 U.S.C. 24 (Seventh) and this part, a bank shall determine its investment limitations as of the most recent of the following dates:
(1) The last day of the preceding calendar quarter; or
(2) The date on which there is a c... | ECFR-title12.xml | [
0.028399650007486343,
-0.0181613489985466,
-0.06542207300662994,
-0.010404114611446857,
-0.031225627288222313,
-0.027294699102640152,
-0.044928207993507385,
0.08655013889074326,
0.009971183724701405,
-0.014909682795405388,
-0.013906685635447502,
0.018877437338232994,
-0.021367166191339493,
... |
12 | Title 12—Banks and Banking--Volume 1 | 12:1.0.1.1.1.0.1.5 | § 1.5 Safe and sound banking practices; credit information required. | 1 | PART 1—INVESTMENT SECURITIES | § 1.5 Safe and sound banking practices; credit information required.
(a) A national bank shall adhere to safe and sound banking practices and the specific requirements of this part in conducting the activities described in § 1.3. The bank shall consider, as appropriate, the interest rate, credit, liquidity, price, fo... | ECFR-title12.xml | [
0.004835574422031641,
0.008912093006074429,
-0.1006910651922226,
-0.03418955206871033,
-0.05200859159231186,
0.015035968273878098,
0.10224851965904236,
0.007017463445663452,
0.01496224943548441,
-0.041703395545482635,
-0.020776938647031784,
-0.04115920886397362,
0.03165793791413307,
-0.014... |
12 | Title 12—Banks and Banking--Volume 1 | 12:1.0.1.1.1.0.1.6 | § 1.6 Convertible securities. | 1 | PART 1—INVESTMENT SECURITIES | § 1.6 Convertible securities.
A national bank may not purchase securities convertible into stock at the option of the issuer. | ECFR-title12.xml | [
-0.002763377968221903,
0.0022617981303483248,
-0.08181347697973251,
0.010199560783803463,
-0.03980981558561325,
-0.0072632539086043835,
0.03812694922089577,
0.015707893297076225,
0.008964804001152515,
-0.035322435200214386,
0.06269259005784988,
0.10605447739362717,
-0.005985801573842764,
0... |
12 | Title 12—Banks and Banking--Volume 1 | 12:1.0.1.1.1.0.1.7 | § 1.7 Securities held in satisfaction of debts previously contracted; holding period; disposal; accounting treatment; non-speculative purpose. | 1 | PART 1—INVESTMENT SECURITIES | § 1.7 Securities held in satisfaction of debts previously contracted; holding period; disposal; accounting treatment; non-speculative purpose.
(a) Securities held in satisfaction of debts previously contracted. The restrictions and limitations of this part, other than those set forth in paragraphs (b),(c), and (d) of... | ECFR-title12.xml | [
-0.0668303444981575,
0.0029145206790417433,
-0.0029708254151046276,
-0.01601460948586464,
-0.0015302043175324798,
-0.018249886110424995,
0.09445660561323166,
-0.023418478667736053,
0.11657112091779709,
-0.03261208534240723,
0.076799675822258,
0.03461981192231178,
0.011084698140621185,
-0.0... |
12 | Title 12—Banks and Banking--Volume 1 | 12:1.0.1.1.1.0.1.8 | § 1.8 Nonconforming investments. | 1 | PART 1—INVESTMENT SECURITIES | § 1.8 Nonconforming investments.
(a) A national bank's investment in securities that no longer conform to this part but conformed when made will not be deemed in violation but instead will be treated as nonconforming if the reason why the investment no longer conforms to this part is because:
(1) The bank's capital d... | ECFR-title12.xml | [
0.009129082784056664,
-0.055832210928201675,
-0.06769140809774399,
0.013804743997752666,
0.024679262191057205,
-0.005509932991117239,
0.03327969089150429,
-0.06217547878623009,
0.06092483550310135,
-0.06256409734487534,
0.06962291896343231,
0.021547285839915276,
0.02844991907477379,
-0.034... |
12 | Title 12—Banks and Banking--Volume 1 | 12:1.0.1.1.1.0.1.9 | § 1.100 Indirect general obligations. | 1 | PART 1—INVESTMENT SECURITIES | § 1.100 Indirect general obligations.
(a) Obligation issued by an obligor not possessing general powers of taxation. Pursuant to § 1.2(b), an obligation issued by an obligor not possessing general powers of taxation qualifies as a general obligation of a State or political subdivision for the purposes of 12 U.S.C. 24... | ECFR-title12.xml | [
-0.04199807718396187,
0.0021205528173595667,
0.05385488644242287,
0.016343796625733376,
-0.0704001784324646,
0.04308738559484482,
0.04702610895037651,
-0.03999060392379761,
0.07315091043710709,
-0.02610204741358757,
0.02408226579427719,
-0.05369946360588074,
0.01792317070066929,
0.04030228... |
12 | Title 12—Banks and Banking--Volume 1 | 12:1.0.1.1.1.0.1.10 | § 1.110 Taxing powers of a State or political subdivision. | 1 | PART 1—INVESTMENT SECURITIES | § 1.110 Taxing powers of a State or political subdivision.
(a) An obligation is considered supported by the full faith and credit of a State or political subdivision possessing general powers of taxation when the promise or other commitment of the State or the political subdivision will produce funds, which (together... | ECFR-title12.xml | [
-0.0506417490541935,
-0.002546133240684867,
-0.01190812885761261,
0.014341108500957489,
-0.06906643509864807,
-0.023291071876883507,
0.056680627167224884,
0.008630422875285149,
-0.013647746294736862,
0.023945296183228493,
-0.04673043638467789,
-0.07272794842720032,
0.007637809496372938,
0.... |
12 | Title 12—Banks and Banking--Volume 1 | 12:1.0.1.1.1.0.1.11 | § 1.120 Prerefunded or escrowed bonds and obligations secured by Type I securities. | 1 | PART 1—INVESTMENT SECURITIES | § 1.120 Prerefunded or escrowed bonds and obligations secured by Type I securities.
(a) An obligation qualifies as a Type I security if it is secured by an escrow fund consisting of obligations of the United States or general obligations of a State or a political subdivision, and the escrowed obligations produce inte... | ECFR-title12.xml | [
-0.050693925470113754,
0.0019422611221671104,
0.018938271328806877,
-0.017162295058369637,
-0.01482317689806223,
-0.022088199853897095,
0.14622436463832855,
-0.026028402149677277,
0.060230664908885956,
0.00765038188546896,
-0.002534594852477312,
-0.007839379832148552,
0.029211916029453278,
... |
12 | Title 12—Banks and Banking--Volume 1 | 12:1.0.1.1.1.0.1.12 | § 1.130 Type II securities; guidelines for obligations issued for university and housing purposes. | 1 | PART 1—INVESTMENT SECURITIES | § 1.130 Type II securities; guidelines for obligations issued for university and housing purposes.
(a) Investment quality. An obligation issued for housing, university, or dormitory purposes is a Type II security only if it:
(1) Qualifies as an investment security, as defined in § 1.2(e); and
(2) Is issued for the ap... | ECFR-title12.xml | [
0.011697896756231785,
0.010703790001571178,
0.023042751476168633,
-0.017393050715327263,
-0.03623175993561745,
-0.012033112347126007,
0.05483182519674301,
-0.023150566965341568,
0.024388166144490242,
0.0016859234310686588,
0.01488465629518032,
-0.010129415430128574,
0.02716151252388954,
0.... |
12 | Title 12—Banks and Banking--Volume 1 | 12:1.0.1.1.2.0.2.1 | § 2.1 Authority, purpose, and scope. | 2 | PART 2—SALES OF CREDIT LIFE INSURANCE | § 2.1 Authority, purpose, and scope.
(a) Authority. A national bank may provide credit life insurance to loan customers pursuant to 12 U.S.C. 24 (Seventh).
(b) Purpose. The purpose of this part is to set forth the principles and standards that apply to a national bank's provision of credit life insurance and the limi... | ECFR-title12.xml | [
-0.03342626616358757,
0.04185090214014053,
-0.053747184574604034,
-0.06181752309203148,
0.03938780352473259,
-0.013792544603347778,
0.0774948000907898,
-0.04150606691837311,
0.026769831776618958,
-0.03634845092892647,
-0.00806125346571207,
-0.030382655560970306,
0.0041402848437428474,
0.01... |
12 | Title 12—Banks and Banking--Volume 1 | 12:1.0.1.1.2.0.2.2 | § 2.2 Definitions. | 2 | PART 2—SALES OF CREDIT LIFE INSURANCE | § 2.2 Definitions.
(a) Bank means a national banking association.
(b) Credit life insurance means credit life, health, and accident insurance, sometimes referred to as credit life and disability insurance, and mortgage life and disability insurance.
(c) Owning an interest includes:
(1) Ownership through a spouse or m... | ECFR-title12.xml | [
0.0017299542669206858,
-0.042683884501457214,
-0.06184766814112663,
-0.012664125300943851,
-0.010192262940108776,
-0.006742016412317753,
0.13340525329113007,
0.013266132213175297,
0.056031789630651474,
-0.007004416082054377,
0.02391667105257511,
-0.008478894829750061,
-0.027753375470638275,
... |
12 | Title 12—Banks and Banking--Volume 1 | 12:1.0.1.1.2.0.2.3 | § 2.3 Distribution of credit life insurance income. | 2 | PART 2—SALES OF CREDIT LIFE INSURANCE | § 2.3 Distribution of credit life insurance income.
(a) Distribution of credit life insurance income by a national bank must be consistent with the requirements and principles of this section.
(b) It is an unsafe and unsound practice for any director, officer, employee, or principal shareholder of a national bank (in... | ECFR-title12.xml | [
-0.02974291518330574,
-0.00027691671857610345,
-0.050505440682172775,
-0.07916361093521118,
0.016357293352484703,
0.03521769866347313,
0.1217464730143547,
0.018873225897550583,
-0.008399744518101215,
-0.02599531225860119,
0.05837416276335716,
-0.02274247072637081,
0.031252481043338776,
0.0... |
12 | Title 12—Banks and Banking--Volume 1 | 12:1.0.1.1.2.0.2.4 | § 2.4 Bonus and incentive plans. | 2 | PART 2—SALES OF CREDIT LIFE INSURANCE | § 2.4 Bonus and incentive plans.
A bank employee or officer may participate in a bonus or incentive plan based on the sale of credit life insurance if payments to the employee or officer in any one year do not exceed the greater of:
(a) Five percent of the recipient's annual salary; or
(b) Five percent of the average... | ECFR-title12.xml | [
-0.025390496477484703,
0.07913953810930252,
-0.04752722755074501,
-0.045891113579273224,
-0.004428237676620483,
0.05313098430633545,
0.09191591292619705,
0.02375827170908451,
-0.03982717543840408,
0.034344352781772614,
0.0633387491106987,
-0.04413861781358719,
0.0023302175104618073,
0.0210... |
12 | Title 12—Banks and Banking--Volume 1 | 12:1.0.1.1.2.0.2.5 | § 2.5 Bank compensation. | 2 | PART 2—SALES OF CREDIT LIFE INSURANCE | § 2.5 Bank compensation.
(a) Nothing contained in this part prohibits a bank employee, officer, director, or principal shareholder who holds an insurance agent's license from agreeing to compensate the bank for the use of its premises, employees, or good will. However, the employee, officer, director, or principal sh... | ECFR-title12.xml | [
-0.04524711146950722,
0.009147795848548412,
-0.05217177793383598,
-0.0461466945707798,
-0.0320155993103981,
0.03140198066830635,
0.14268521964550018,
0.021404661238193512,
0.020191378891468048,
-0.033475130796432495,
0.09659251570701599,
0.007805470377206802,
0.08556674420833588,
0.0052871... |
12 | Title 12—Banks and Banking--Volume 1 | 12:1.0.1.1.3.1.13.1 | § 3.1 Purpose, applicability, reservations of authority, and timing. | 3 | PART 3—CAPITAL ADEQUACY STANDARDS | § 3.1 Purpose, applicability, reservations of authority, and timing.
(a) Purpose. This part establishes minimum capital requirements and overall capital adequacy standards for national banks and Federal savings associations. This part does not apply to Federal branches and agencies of foreign banks. This part include... | ECFR-title12.xml | [
0.07585632801055908,
-0.010710553266108036,
-0.01903637684881687,
0.007755789905786514,
0.03656957671046257,
0.0022702342830598354,
-0.01351087260991335,
0.06153353676199913,
-0.012573158368468285,
-0.029467478394508362,
-0.018403153866529465,
-0.06461110711097717,
-0.031188281252980232,
-... |
End of preview. Expand in Data Studio
ECFR from 06/2025
- Downloads last month
- 507