12 CFR § 264b.3 - Restrictions on acceptance of gifts and decorations.

---
identifier: "/us/cfr/t12/s264b.3"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "12 CFR § 264b.3 - Restrictions on acceptance of gifts and decorations."
title_number: 12
title_name: "Banks and Banking"
section_number: "264b.3"
section_name: "Restrictions on acceptance of gifts and decorations."
chapter_name: "FEDERAL RESERVE SYSTEM"
subchapter_number: "A"
subchapter_name: "BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM"
part_number: "264b"
part_name: "RULES REGARDING FOREIGN GIFTS AND DECORATIONS"
positive_law: false
currency: "2026-04-05"
last_updated: "2026-04-05"
format_version: "1.1.0"
generator: "[email protected]"
authority: "5 U.S.C. 552, 7342; 12 U.S.C. 248(i)."
regulatory_source: "68 FR 68721, Dec. 10, 2003, unless otherwise noted."
cfr_part: "264b"
---


# 264b.3 Restrictions on acceptance of gifts and decorations.

(a) Board employees are prohibited from requesting or otherwise encouraging the tender of a gift or decoration from a foreign government.

(b) Board employees are prohibited from accepting a gift or decoration from a foreign government, except in accordance with this part.