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e-CFR data is current as of January 15, 2021

Title 12Chapter VISubchapter BPart 611Subpart J → §611.1157

Title 12: Banks and Banking
Subpart J—Unincorporated Business Entities

§611.1157   Disclosure and reporting requirements.

(a) Annual report to shareholders. In its annual report to shareholders, as set forth in §620.5(a)(12) of this chapter, a System institution must provide information on its UBE investment and business activity.

(b) Periodic reports as directed. As directed by FCA, a System institution must submit periodic reports to FCA on any equity investment in a UBE or UBE status as provided under §621.12 of this chapter, and in accordance with §§621.13 and 621.14 of this chapter.

(c) Dissolution of a UBE. A System institution must submit a timely report to FCA on the dissolution of a UBE that it controls.

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