Sec. 215.12 Application to savings associations.

The requirements of this part apply to savings associations, as defined in 12 CFR 238.2(l) (including any subsidiary of a savings association), in the same manner and to the same extent as if the savings association were a member bank; provided that a savings association’s unimpaired capital and unimpaired surplus will be determined under regulatory capital rules applicable to that savings association.

Note: Note: Added effective 9/13/2011, 76 FR 56531