Code of Federal Regulations · Section
§ 390.300 — Note Account
12 C.F.R. § 390.300
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The term note account means a note, subject to the right of immediate call, evidencing funds held by depositories electing the note option under applicable United States Treasury Department regulations. Note accounts are not savings accounts or savings deposits.
Authorizing Statute
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Corporate powers12 U.S.C. § 1819
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Definitions and application15 U.S.C. § 78c
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Definitions12 U.S.C. § 1462
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Administrative provisions12 U.S.C. § 1462a