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12 CFR § 1807.103 - Recipient not instrumentality.

---
identifier: "/us/cfr/t12/s1807.103"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "12 CFR § 1807.103 - Recipient not instrumentality."
title_number: 12
title_name: "Banks and Banking"
section_number: "1807.103"
section_name: "Recipient not instrumentality."
chapter_name: "COMMUNITY DEVELOPMENT FINANCIAL INSTITUTIONS FUND, DEPARTMENT OF THE TREASURY"
part_number: "1807"
part_name: "CAPITAL MAGNET FUND"
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. 4569."
regulatory_source: "89 FR 53015, June 25, 2024, unless otherwise noted."
cfr_part: "1807"
---

# 1807.103 Recipient not instrumentality.

No Recipient shall be deemed to be an agency, department, or instrumentality of the United States.