§ 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

Terms Used In CFR > Title 12 > Chapter II > Subchapter A > Part 221 > Interpretations

  • Allegation: something that someone says happened.
  • Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.
  • Annuity: A periodic (usually annual) payment of a fixed sum of money for either the life of the recipient or for a fixed number of years. A series of payments under a contract from an insurance company, a trust company, or an individual. Annuity payments are made at regular intervals over a period of more than one full year.
  • Answer: The formal written statement by a defendant responding to a civil complaint and setting forth the grounds for defense.
  • Appeal: A request made after a trial, asking another court (usually the court of appeals) to decide whether the trial was conducted properly. To make such a request is "to appeal" or "to take an appeal." One who appeals is called the appellant.
  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • Bankruptcy: Refers to statutes and judicial proceedings involving persons or businesses that cannot pay their debts and seek the assistance of the court in getting a fresh start. Under the protection of the bankruptcy court, debtors may discharge their debts, perhaps by paying a portion of each debt. Bankruptcy judges preside over these proceedings.
  • Complaint: A written statement by the plaintiff stating the wrongs allegedly committed by the defendant.
  • Contract: A legal written agreement that becomes binding when signed.
  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
  • Discovery: Lawyers' examination, before trial, of facts and documents in possession of the opponents to help the lawyers prepare for trial.
  • Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
  • Freedom of Information Act: A federal law that mandates that all the records created and kept by federal agencies in the executive branch of government must be open for public inspection and copying. The only exceptions are those records that fall into one of nine exempted categories listed in the statute. Source: OCC
  • Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
  • Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
  • Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
  • Oath: A promise to tell the truth.
  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
  • Pleadings: Written statements of the parties in a civil case of their positions. In the federal courts, the principal pleadings are the complaint and the answer.
  • Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
  • Recourse: An arrangement in which a bank retains, in form or in substance, any credit risk directly or indirectly associated with an asset it has sold (in accordance with generally accepted accounting principles) that exceeds a pro rata share of the bank's claim on the asset. If a bank has no claim on an asset it has sold, then the retention of any credit risk is recourse. Source: FDIC
  • Remand: When an appellate court sends a case back to a lower court for further proceedings.
  • Statute: A law passed by a legislature.
  • Trustee: A person or institution holding and administering property in trust.