12 CFR § 362.6 - Purpose and scope.

---
identifier: "/us/cfr/t12/s362.6"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "12 CFR § 362.6 - Purpose and scope."
title_number: 12
title_name: "Banks and Banking"
section_number: "362.6"
section_name: "Purpose and scope."
chapter_name: "FEDERAL DEPOSIT INSURANCE CORPORATION"
subchapter_number: "B"
subchapter_name: "REGULATIONS AND STATEMENTS OF GENERAL POLICY"
part_number: "362"
part_name: "ACTIVITIES OF INSURED STATE BANKS AND INSURED SAVINGS ASSOCIATIONS"
positive_law: false
currency: "2026-04-05"
last_updated: "2026-04-05"
format_version: "1.1.0"
generator: "[email protected]"
authority: "12 U.S.C. 1816, 1818, 1819(a)(Tenth), 1828(j), 1828(m), 1828a, 1831a, 1831e, 1831w, 1843(l)."
regulatory_source: "63 FR 66326, Dec. 1, 1998, unless otherwise noted."
cfr_part: "362"
---


# 362.6 Purpose and scope.

This subpart, along with the notice and application procedures in subpart G of part 303 of this chapter apply to certain banking practices that may have adverse effects on the safety and soundness of insured state nonmember banks. This subpart contains the required prudential separations between certain securities underwriting affiliates and insured state nonmember banks. The standards only will apply to affiliates of insured state nonmember banks that are not controlled by an entity that is supervised by a federal banking agency.

[66 FR 1028, Jan. 5, 2001]