12 CFR § 1235.1 - Purpose and scope.

---
identifier: "/us/cfr/t12/s1235.1"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "12 CFR § 1235.1 - Purpose and scope."
title_number: 12
title_name: "Banks and Banking"
section_number: "1235.1"
section_name: "Purpose and scope."
chapter_name: "FEDERAL HOUSING FINANCE AGENCY"
subchapter_number: "B"
subchapter_name: "ENTITY REGULATIONS"
part_number: "1235"
part_name: "RECORD RETENTION FOR REGULATED ENTITIES AND OFFICE OF FINANCE"
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. 4511(b), 4513(a), 4513b(a)(10) and (11), 4526."
regulatory_source: "76 FR 33127, June 8, 2011, unless otherwise noted."
cfr_part: "1235"
---


# 1235.1 Purpose and scope.

The purpose of this part is to set forth minimum requirements for a record retention program for each regulated entity and the Office of Finance. The requirements are intended to further prudent management as well as to ensure that complete and accurate records of each regulated entity and the Office of Finance are readily accessible to FHFA.