Subpart A General Provisions
Subpart C Oil and Gas, Onshore

Terms Used In CFR > Title 30 > Chapter XII > Subchapter A > Part 1229

  • Account: means an account on the books of a Federal Reserve Bank. See 30 CFR 1229.103
  • Actually and finally collected funds: means cash or any other form of payment that is, or has become, final and irrevocable. See 30 CFR 1229.103
  • Bank: means any person engaged in the business of banking. See 30 CFR 1229.103
  • Banking day: means the part of a day on which a bank is open to the public for carrying on substantially all of its banking functions. See 30 CFR 1229.103
  • Check: means a check or an electronic check, as those terms are defined in §229. See 30 CFR 1229.103
  • Clock half-hour: means a time that is on the half-hour, such as 1:30, 2:30, etc. See 30 CFR 1229.103
  • Clock hour: means a time that is on the hour, such as 1:00, 2:00, etc. See 30 CFR 1229.103
  • Commissioner: means the Federal Housing Commissioner or his authorized representative. See 24 CFR 203.251
  • Fedwire: means the funds-transfer system owned and operated by the Federal Reserve Banks that is used primarily for the transmission and settlement of payment orders governed by this subpart. See 30 CFR 1229.126
  • item: includes both a cash and a noncash item, and includes a returned check sent by a paying or returning bank. See 30 CFR 1229.103
  • Mortgagee: means the original lender under a mortgage and its successors and such of its assigns as are approved by the Commissioner. See 24 CFR 203.251
  • Nonbank payor: means a payor of an item, other than a bank. See 30 CFR 1229.103
  • Noncash item: means an item that a receiving Reserve Bank classifies in its operating circulars as requiring special handling. See 30 CFR 1229.103
  • Returned check: means a cash item returned by a paying bank, including an electronic returned check as defined in §229. See 30 CFR 1229.103
  • Sender: means any of the following entities that sends an item to a Reserve Bank for forward collection--

    (1) A depository institution, as defined in section 19(b) of the Federal Reserve Act (12 U. See 30 CFR 1229.103

  • State: means a State of the United States, the District of Columbia, Puerto Rico, or a territory, possession, or dependency of the United States. See 30 CFR 1229.103