---
kind: "section"
citation: "12 C.F.R. § 7.5008"
title: "12"
number: "7.5008"
heading: "Location of a national bank conducting electronic activities."
url: "https://uscodex.org/cfr/12/7.5008"
---

# §7.5008. Location of a national bank conducting electronic activities.


A national bank shall not be considered located in a State solely because it physically maintains technology, such as a server or automated loan center, in that state, or because the bank's products or services are accessed through electronic means by customers located in the state.


## Notes

### Source

Source: 67 FR 35004, May 17, 2002, unless otherwise noted.

### Authority

Authority: 12 U.S.C. 1 et seq., 25b, 29, 71, 71a, 92, 92a, 93, 93a, 95(b)(1), 371, 371d, 481, 484, 1462a, 1463, 1464, 1465, 1818, 1828, 3102(b), and 5412(b)(2)(B).

### Source

Source: 61 FR 4862, Feb. 9, 1996, unless otherwise noted.