12 CFR §22.1 — Purpose and scope
12 CFR §22.1 — Purpose and scope.
Context section — definitions / scope / findings. Included for completeness; it carries no standalone compliance obligations of its own.
Verbatim regulatory text
Verbatim provisions from 12 CFR §22.1 — Purpose and scope — each quote is a verified substring of the regulator-published source snapshot, not retyped. Quoted for reference; this is not legal advice. The operational layer (P&P updates, prompts) lives in the regulation update kits.
12 CFR §22.1 — Purpose and scope
§ 22.1 Purpose and scope. (a) Purpose. The purpose of this part is to implement the requirements of the National Flood Insurance Act of 1968 and the Flood Disaster Protection Act of 1973 , as amended ( 42 U.S.C. 4001 - 4129 ). (b) Scope. This part, except for §§ 22.6 and 22.8, applies to loans secured by buildings or mobile homes located or to be located in areas determined by the Administrator of the Federal Emergency Management Agency to have special flood hazards. Sections 22.6 and 22.8 apply to loans secured by buildings or mobile homes, regardless of location. National Flood Insurance Act of 1968 Flood Disaster Protection Act of 1973
Operationalizing 12 CFR §22.1 — Purpose and scope
This is verbatim, source-snapshotted regulator text from the Claude for Compliance open corpus. To turn a rule like this into compliance work product: gap-analyze your policies and procedures (P&Ps) against these requirements to surface stale, conflicting, or missing provisions; operationalize any change with a ready-to-run update kit; and produce audit-ready evidence — every step grounded only in the regulator’s own words, never invented.
Source of record: https://claudeforcompliance.com/regs/flood-12cfr-22-1/
· register flood-12cfr-22-1 · Claude for Compliance. Free to read and download;
see regulatory updates and methodology.