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12 CFR §611.1157

Verified against eCFR.gov as of June 20, 2026View official text on eCFR.gov ↗
  1. (a)Annual report to shareholders. In its annual report to shareholders, as set forth in § 620.5(a)(11) of this chapter, a System institution must provide information on its UBE investment and business activity.
  2. (b)Periodic reports as directed. As directed by FCA, a System institution must submit periodic reports to FCA on any equity investment in a UBE or UBE status as provided under § 621.12 of this chapter, and in accordance with §§ 621.13 and 621.14 of this chapter.
  3. (c)Dissolution of a UBE. A System institution must submit a timely report to FCA on the dissolution of a UBE that it controls.