12 CFR § 1272.1 - Definitions.

---
identifier: "/us/cfr/t12/s1272.1"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "12 CFR § 1272.1 - Definitions."
title_number: 12
title_name: "Banks and Banking"
section_number: "1272.1"
section_name: "Definitions."
chapter_name: "FEDERAL HOUSING FINANCE AGENCY"
subchapter_number: "D"
subchapter_name: "FEDERAL HOME LOAN BANKS"
part_number: "1272"
part_name: "NEW BUSINESS ACTIVITIES"
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. 1431(a), 1432(a), 4511(b), 4513, 4526(a)."
regulatory_source: "81 FR 91694, Dec. 19, 2016, unless otherwise noted."
cfr_part: "1272"
---


# 1272.1 Definitions.

As used in this part:

*Business Day* means any calendar day other than a Saturday, Sunday, or legal public holiday listed in 5 U.S.C. 6103.

*NBA Notice Date* means the date on which FHFA receives a new business activity notice.

*New business activity (NBA)* means any business activity undertaken, transacted, conducted, or engaged in by a Bank that entails material risks not previously managed by the Bank. A Bank's acceptance of a new type of advance collateral does not constitute an NBA.