Code of Federal Regulations · Section
§ 162.1 — Accounting And Disclosure Standards
12 C.F.R. § 162.1
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A Federal savings association shall follow U.S. generally accepted accounting principles (GAAP) and the disclosure standards included therein when complying with all applicable regulations, unless otherwise required by statute, regulation, or the OCC.
Authorizing Statute
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Supervision of savings associations12 U.S.C. § 1463