§ 24.3 - Public welfare investments.

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§ 24.3 Public welfare investments.
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Link to an amendment published at 89 FR 22067, Mar. 29, 2024.
A national bank or national bank subsidiary may make an investment directly or indirectly under this part if the investment primarily benefits low- and moderate income individuals, low- and moderate income areas, or other areas targeted by a governmental entity for redevelopment, or the investment would receive consideration under § 25.23 of appendix G to 12 CFR part 25 .23 as a “qualified investment.”
[73 FR 46534, Aug. 11, 2008, as amended at 89 FR 22067, Mar. 29, 2024]

                    
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§ 24.3 - Public welfare investments.

§ 24.3 Public welfare investments.

Cross Reference