12 CFR §223.52

1. (a)The market terms requirement of § 223.51 applies to the following transactions:
   1. (1)Any covered transaction with an affiliate, unless the transaction is exempt under paragraphs (a) through (c) of § 223.41 or paragraphs (a) through (e) or (h) through (j) of § 223.42;
   2. (2)The sale of a security or other asset to an affiliate, including an asset subject to an agreement to repurchase;
   3. (3)The payment of money or the furnishing of a service to an affiliate under contract, lease, or otherwise;
   4. (4)Any transaction in which an affiliate acts as an agent or broker or receives a fee for its services to the member bank or to any other person; and
   5. (5)Any transaction or series of transactions with a nonaffiliate, if an affiliate:
      1. (i)Has a financial interest in the nonaffiliate; or
      2. (ii)Is a participant in the transaction or series of transactions.
2. (b)For the purpose of this section, any transaction by a member bank with any person will be deemed to be a transaction with an affiliate of the member bank if any of the proceeds of the transaction are used for the benefit of, or transferred to, the affiliate.