Code of Federal Regulations · Section
§ 208.81 — Purpose And Scope
12 C.F.R. § 208.81
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This subpart establishes consumer protections in connection with retail sales practices, solicitations, advertising, or offers of any insurance product or annuity to a consumer by:
(a) Any state member bank; or
(b) Any other person that is engaged in such activities at an office of the bank or on behalf of the bank.
Authorizing Statute
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Flood insurance purchase and compliance requirements and escrow accounts42 U.S.C. § 4012a
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Necessity for regulation15 U.S.C. § 78b
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Corporate powers of associations12 U.S.C. § 24
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Compliance, exemptions, and summons authority31 U.S.C. § 5318