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  4. SECTION 206.1
3-001

SECTION 206.1—Authority, Purpose, and Scope

(a) Authority and purpose. This part (Regulation F, 12 CFR 206) is issued by the Board of Governors of the Federal Reserve System (Board) under authority of section 23 of the Federal Reserve Act (12 U.S.C. 371b-2). The purpose of the regulation is to limit the risks that the failure of a depository institution would pose to insured depository institutions.
(b) Scope. This regulation applies to all depository institutions insured by the Federal Deposit Insurance Corporation.
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