Skip to content
LexBuild

12 CFR § 1808.103 - Participant not instrumentality.

---
identifier: "/us/cfr/t12/s1808.103"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "12 CFR § 1808.103 - Participant not instrumentality."
title_number: 12
title_name: "Banks and Banking"
section_number: "1808.103"
section_name: "Participant not instrumentality."
chapter_name: "COMMUNITY DEVELOPMENT FINANCIAL INSTITUTIONS FUND, DEPARTMENT OF THE TREASURY"
part_number: "1808"
part_name: "COMMUNITY DEVELOPMENT FINANCIAL INSTITUTIONS BOND GUARANTEE PROGRAM"
positive_law: false
currency: "2026-04-05"
last_updated: "2026-04-05"
format_version: "1.1.0"
generator: "[email protected]"
authority: "The Small Business Jobs Act of 2010, Pub. L. 111-240, §§ 1134 and 1703; 12 U.S.C. 4713a."
regulatory_source: "78 FR 8310, Feb. 5, 2013, unless otherwise noted."
cfr_part: "1808"
---

# 1808.103 Participant not instrumentality.

No participant in the CDFI Bond Guarantee Program shall be deemed to be an agency, department, or instrumentality of the United States.