12 CFR § 1271.31 - General authority.

---
identifier: "/us/cfr/t12/s1271.31"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "12 CFR § 1271.31 - General authority."
title_number: 12
title_name: "Banks and Banking"
section_number: "1271.31"
section_name: "General authority."
chapter_name: "FEDERAL HOUSING FINANCE AGENCY"
subchapter_number: "D"
subchapter_name: "FEDERAL HOME LOAN BANKS"
part_number: "1271"
part_name: "MISCELLANEOUS FEDERAL HOME LOAN BANK OPERATIONS AND AUTHORITIES"
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. 1430, 1431, 1432, 1441(b)(8), (c), (j), 1442, 4511(b), 4513(a), 4526."
regulatory_source: "78 FR 2324, Jan. 11, 2013, unless otherwise noted."
cfr_part: "1271"
---


# 1271.31 General authority.

Subject to the limitations and interpretations in this subpart and such orders and directions as FHFA may prescribe, the Financing Corporation shall have authority to exercise all powers and authorities granted to it by the Bank Act and by its charter and bylaws regardless of whether the powers and authorities are specifically implemented in regulation.