{"data":{"id":"us/12-cfr-304.11","jurisdiction":"us","citation":"12 CFR 304.11","heading":"Authority, purpose, and scope.","body":"(a) Authority. This subpart is issued pursuant to 12 U.S.C. 1464(v), and section 7 (12 U.S.C. 1817(a)(12)) and section 9 (12 U.S.C. 1819 Tenth) of the Federal Deposit Insurance Act.\n(b) Purpose. This subpart implements 12 U.S.C. 1817(a)(12) to allow reduced reporting for a covered depository institution when such institution makes its reports of condition for the first and third calendar quarters of a year.\n(c) Scope. This subpart applies to an insured depository institution, as that term is defined in section 3(c) of the Federal Deposit Insurance Act, 12 U.S.C. 1813(c), that meets the definition of a covered depository institution under § 304.12.\n(d) Preservation of authority. Nothing in this subpart in any way limits the authority of the Corporation under other provisions of applicable law and regulation.","path":["Title 12—Banks and Banking","CHAPTER III—FEDERAL DEPOSIT INSURANCE CORPORATION","SUBCHAPTER A—PROCEDURE AND RULES OF PRACTICE","PART 304—FORMS, INSTRUCTIONS, AND REPORTS","Subpart B—Implementation of Reduced Reporting Requirement"],"source_url":"https://www.ecfr.gov/api/versioner/v1/full/2026-08-25/title-12.xml","current_through":"2026-08-25","vintage":"","retrieved_at":"2026-08-27T02:24:16Z","sha256":"ed2df788c377d2b70e0845e847131554d995eeea846662d07448cd34553f00cd","source_id":"us-cfr","stale":true,"prev":"us/12-cfr-304.4-304.10","next":"us/12-cfr-304.12"},"notice":"GroundRules: Original legal text. Not legal advice."}