220.127.116.11 1985 Revision of Regulation B and Issuance of FRB Commentary
In 1985, the FRB issued an overall revision of Regulation B.39 At the same time, the FRB issued an official staff commentary to Regulation B which supersedes all previous FRB Board and staff interpretations and letters.40 This commentary is sometimes referred to as “Supplement 1 to Regulation B” or as “ECO-1.” The 1985 revision of Regulation B included (as appendices B and C) model application and notification forms which replaced all previous model forms released by the FRB.41
39 50 Fed. Reg. 48,018 (Nov. 20, 1985).
41 Reg. B, 12 C.F.R. pt. 202 [pt. 1002], app. B (model application forms), app. C (sample notification forms).