### Question
How does FEDERAL DEPOSIT INSURANCE CORPORATION define cooperative agreement?


### Answer
Under *12 U.S.C. § 1820*, **cooperative agreement** is defined as:

> a written agreement that is signed by the home State bank supervisor and the host State bank supervisor to facilitate State regulatory supervision of State banks, and includes nationwide or multi-State cooperative agreements and cooperative agreements solely between the home State and host State

#### Citation:
  - *12 U.S.C. § 1820*
  - Heading: **CHAPTER 16-FEDERAL DEPOSIT INSURANCE CORPORATION**

