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§28.3. Filing requirements for foreign operations of a national bank.

12 C.F.R. § 28.3

(a)
Notice requirement. A national bank shall notify the OCC when it:
(1)
Files an application, notice, or report with the FRB to—
(i)
Establish or open a foreign branch;
(ii)
Acquire or divest of an interest in, or close, an Edge corporation, Agreement corporation, foreign bank, or other foreign organization; or
(2)
Opens a foreign branch, and no application or notice is required by the FRB for such transaction.
(b)
Other applications and notices accepted. In lieu of a notice under paragraph (a)(1) of this section, the OCC may accept a copy of an application, notice, or report submitted to another Federal agency that covers the proposed action and contains substantially the same information required by the OCC.
(c)
Additional information. A national bank shall furnish the OCC with any additional information the OCC may require in connection with the national bank's foreign operations.
Notes, amendments, and revision history

Amendments

[61 FR 19532, May 2, 1996, as amended at 68 FR 70699, Dec. 19, 2003]

Authority

Authority: 12 U.S.C. 1 et seq., 24(Seventh), 93a, 161, 602, 1818, 3101 et seq., and 3901 et seq.

Source

Source: 61 FR 19532, May 2, 1996, unless otherwise noted.

Amendments

[61 FR 19532, May 2, 1996, as amended at 68 FR 70699, Dec. 19, 2003]