2003 CFR Title 12, Volume 3

Title 12--Banks and Banking CHAPTER II--FEDERAL RESERVE SYSTEM PART 221--CREDIT BY BANKS AND PERSONS OTHER THAN BROKERS OR DEALERS FOR THE PURPOSE OF PURCHASING OR CARRYING MARGIN STOCK (REGULATION U)
	221.1	Authority, purpose, and scope.
	221.2	Definitions.
	221.3	General requirements.
	221.4	Employee stock option, purchase, and ownership plans.
	221.5	Special purpose loans to brokers and dealers.
	221.6	Exempted transactions.
	221.7	Supplement: Maximum loan value of margin stock and other collateral.
	221.101	Determination and effect of purpose of loan.
	221.102	Application to committed credit where funds are disbursed thereafter.
	221.103	Loans to brokers or dealers.
	221.104	Federal credit unions.
	221.105	Arranging for extensions of credit to be made by a bank.
	221.106	Reliance in ``good faith'' on statement of purpose of loan.
	221.107	Arranging loan to purchase open-end investment company shares.
	221.108	Effect of registration of stock subsequent to making of loan.
	221.109	Loan to open-end investment company.
	221.110	Questions arising under this part.
	221.111	Contribution to joint venture as extension of credit when the contribution is disproportionate to the contributor's share in the venture's profits or losses.
	221.112	Loans by bank in capacity as trustee.
	221.113	Loan which is secured indirectly by stock.
	221.114	Bank loans to purchase stock of American Telephone and Telegraph Company under Employees' Stock Plan.
	221.115	Accepting a purpose statement through the mail without benefit of face-to-face interview.
	221.116	Bank loans to replenish working capital used to purchase mutual fund shares.
	221.117	When bank in ``good faith'' has not relied on stock as collateral.
	221.118	Bank arranging for extension of credit by corporation.
	221.119	Applicability of plan-lender provisions to financing of stock options and stock purchase rights qualified or restricted under Internal Revenue Code.
	221.120	Allocation of stock collateral to purpose and nonpurpose credits to same customer.
	221.121	Extension of credit in certain stock option and stock purchase plans.
	221.122	Applicability of margin requirements to credit in connection with Insurance Premium Funding Programs.
	221.123	Combined credit for exercising employee stock options and paying income taxes incurred as a result of such exercise.
	221.124	Purchase of debt securities to finance corporate takeovers.
	221.125	Credit to brokers and dealers.