GroundRules
12 CFR 1002.105: Covered financial institutions and exempt institutions.
Where this section sits in the code
- Title 12—Banks and Banking
- CHAPTER X—CONSUMER FINANCIAL PROTECTION BUREAU
- PART 1002—EQUAL CREDIT OPPORTUNITY ACT (REGULATION B)
- Subpart B—Small Business Lending Data Collection
(a) Financial institution means any partnership, company, corporation, association (incorporated or unincorporated), trust, estate, cooperative organization, or other entity that engages in any financial activity.
(b) Covered financial institution means a financial institution, other than a Farm Credit System lender, that originated at least 1,000 covered credit transactions for small businesses in each of the two preceding calendar years.
Collected 2026-08-27T02:24:16Z. Source file · JSON