### Question
How does FEDERAL RESERVE SYSTEM define undercapitalized depository institution?


### Answer
Under *12 U.S.C. § 347b*, **undercapitalized depository institution** is defined as:

> any depository institution which—


(i) is undercapitalized, as defined in section 1831o of this title

#### Citation:
  - *12 U.S.C. § 347b*
  - Heading: **CHAPTER 3-FEDERAL RESERVE SYSTEM > SUBCHAPTER IX-POWERS AND DUTIES OF FEDERAL RESERVE BANKS**

