12 CFR § 1253.11

12 CFR · Banks and Banking

§ 1253.11 — Preservation of authority.

12 CFR § 1253.11

TitleTitle 12: Banks and Banking PartPart 1253: Prior Approval for Enterprise Products

SourceeCFR (current through Apr 10, 2026)

This text of 12 C.F.R. § 1253.11 (Preservation of authority.) is published on Counsel Stack Legal Research, covering United States primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

12 C.F.R. § 1253.11 (2026).

Text

§ 1253.11 Preservation of authority. The Director's exercise of the Director's authority pursuant to the prior approval authority for products under 12 U.S.C. 4541, and this regulation, in no way restricts:

(a)The safety and soundness authority of the Director over all new and existing products or activities; or

(b)The authority of the Director to review all new and existing products or activities to determine that such products or activities are consistent with the authorizing statute of an Enterprise.

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§ 1253.11 Preservation of authority.

The Director's exercise of the Director's authority pursuant to the prior approval authority for products under 12 U.S.C. 4541, and this regulation, in no way restricts:

(a) The safety and soundness authority of the Director over all new and existing products or activities; or

(b) The authority of the Director to review all new and existing products or activities to determine that such products or activities are consistent with the authorizing statute of an Enterprise.