# Transactions With Affiliates
> **US Federal Reserve System** · Final rule. · Published 1996-05-03 · Effective 1996-07-01 · 61 FR 19805
## Document
- **Document number:** 96-10891
- **Category:** final-rule
- **Agency:** US Federal Reserve System
- **Federal Register citation:** 61 FR 19805
- **CFR reference:** 12 CFR 250
- **Publication date:** 1996-05-03
- **Effective date:** 1996-07-01
- **Docket:** Docket No. R-0902
## Abstract

The Board is adopting a definition of capital stock and surplus for purposes of section 23A of the Federal Reserve Act that conforms to the definition of unimpaired capital and unimpaired surplus used by the Board in calculating the limits in Regulation O for insider lending and by the Office of the Comptroller of the Currency (OCC) in calculating the limit on loans by a national bank to a single borrower. The final rule will reduce the burden for member banks and other insured depository institutions monitoring lending to their affiliates.

## Source
- [Federal Register document](https://www.federalregister.gov/documents/1996/05/03/96-10891/transactions-with-affiliates)
---
*AI Analytics · CC0 1.0*