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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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---
type: "LegalText"
title: "22 U.S.C. § 5354"
description: "Banks loan loss reserves"
jurisdiction: "us"
corpus: "united_states_code"
kind: "code_section"
title_number: 22
title_name: "FOREIGN RELATIONS AND INTERCOURSE"
chapter_number: "62"
chapter_name: "INTERNATIONAL FINANCIAL POLICY"
section: "5354"
citation: "22 U.S.C. § 5354"
status: "current"
release_point: "119-100"
release_date: "2026-06-26"
source: "official"
source_url: "https://uscode.house.gov/download/releasepoints/us/pl/119/100/xml_usc22@119-100.zip"
source_identifier: "/us/usc/t22/s5354"
source_file: "data/legal/raw/us/code/title-22/usc22.xml"
source_hash: "592382ab0b2bd5af66368d3c38841453f9695cbaf70594b27728795197900e9b"
raw_snapshot_hash: "b9c63ede722f5e0bf8eabfe9029e06e312ab9bcfd95c4d1424ed515baff1df83"
text_hash: "1acf3a6c0ca72d7b953773787fc1d8acf49a9450edec2dc7e0d3333bf5da222e"
retrieved_at: "2026-07-04"
confidence: "official"
tags: ["legal", "us-code"]
---
# 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.