Us Code § 5354 - Banks loan loss reserves
Full text of Us Code United States Code § 5354 — Banks loan loss reserves, with citation guidance and answers to common questions.
§ 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.
CHAPTER 63—SUPPORT FOR EAST EUROPEAN DEMOCRACY (SEED)
SUBCHAPTER I—STRUCTURAL ADJUSTMENT
SUBCHAPTER II—PRIVATE SECTOR DEVELOPMENT
SUBCHAPTER III—EDUCATIONAL, CULTURAL, AND SCIENTIFIC ACTIVITIES
SUBCHAPTER IV—OTHER ASSISTANCE PROGRAMS
SUBCHAPTER V—ADDITIONAL SEED PROGRAM ACTIONS
SUBCHAPTER VI—REPORTS TO CONGRESS
SUBCHAPTER VII—MISCELLANEOUS PROVISIONS
About This Section
22 U.S.C. § 5354 is part of Title 22 of the United States Code. The United States Code is the official codification of federal statutes maintained by the Office of the Law Revision Counsel of the U.S. House of Representatives. Congress amends the Code through new public laws, which are eventually incorporated into the relevant title.
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