---
kind: "section"
citation: "12 C.F.R. § 229.40"
title: "12"
number: "229.40"
heading: "Effect of merger transaction."
url: "https://uscodex.org/cfr/12/229.40"
---

# §229.40. Effect of merger transaction.


For purposes of this subpart, two or more banks that have engaged in a merger transaction may be considered to be separate banks for a period of one year following the consummation of the merger transaction.


## Notes

### Amendments

[82 FR 27584, June 15, 2017]

### Authority

Authority: 12 U.S.C. 4001-4010, 12 U.S.C. 5001-5018.

### Source

Source: 53 FR 19433, May 27, 1988, unless otherwise noted.

### Amendments

[82 FR 27584, June 15, 2017]