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Code of Federal Regulations (Last Updated: May 6, 2024) |
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Title 12 - Banks and Banking |
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Chapter I - Comptroller of the Currency, Department of the Treasury |
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Part 28 - International Banking Activities |
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Subpart B - Federal Branches and Agencies of Foreign Banks |
§ 28.23 - Procedures for closing of some of a foreign bank's Federal branches and/or agencies.
Latest version.
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§ 28.23 Procedures for closing of some of a foreign bank's Federal branches and/or agencies.
In cases where § 28.22 does not apply, and a foreign bank is closing one or more, but not all, of its Federal branches and/or agencies, it shall follow the procedures set forth in 12 U.S.C. 1831r-1(a) and (b) (branch closings).
[68 FR 70700, Dec. 19, 2003]