§5.53. Substantial asset change by a national bank or Federal savings association. — Inbound Citations
12 C.F.R. § 5.53
Statutory Authority
Cited by 1 regulation in release Current.
Citations to 12 C.F.R. § 5.53 as a whole
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(c) This section describes the procedures and requirements governing OCC review and approval of an application to establish a national bank or a Federal stock or mutual savings association, including a national bank or a Federal savings association with a special purpose. Information regarding an application to establish an interim national bank or an interim Federal savings association solely to facilitate a business combination is set forth in § 5.33. This section also describes the requirements for an existing national bank or Federal savings association to change the purpose of its charter and refers such institutions to § 5.53 for the procedures to follow.