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Co-Authored-By: Claude Opus 4.8 <noreply@anthropic.com>
2026-07-06 10:51:44 -04:00

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LegalText 22 U.S.C. § 5354 Banks loan loss reserves us united_states_code code_section 22 FOREIGN RELATIONS AND INTERCOURSE 62 INTERNATIONAL FINANCIAL POLICY 5354 22 U.S.C. § 5354 current 119-100 2026-06-26 official https://uscode.house.gov/download/releasepoints/us/pl/119/100/xml_usc22@119-100.zip /us/usc/t22/s5354 data/legal/raw/us/code/title-22/usc22.xml 592382ab0b2bd5af66368d3c38841453f9695cbaf70594b27728795197900e9b b9c63ede722f5e0bf8eabfe9029e06e312ab9bcfd95c4d1424ed515baff1df83 1acf3a6c0ca72d7b953773787fc1d8acf49a9450edec2dc7e0d3333bf5da222e 2026-07-04 official
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22 U.S.C. § 5354 - Banks loan loss reserves

Text

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. 100418, title III, § 3604, Aug. 23, 1988, 102 Stat. 1388.)

Notes

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. 10414, 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.