Code of Federal Regulations (Last Updated: May 6, 2024) |
Title 12 - Banks and Banking |
Chapter III - Federal Deposit Insurance Corporation |
SubChapter B - Regulations and Statements of General Policy |
Part 390 - Regulations Transferred from the Office of Thrift Supervision |
Subpart Q - Definitions for Regulations Affecting All State Savings Associations |
§ 390.310 - Service corporation.
Latest version.
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§ 390.310 Service corporation.
The term service corporation means any corporation, the majority of the capital stock of which is owned by one or more savings associations and which engages, directly or indirectly, in any activities similar to activities which may be engaged in by a service corporation in which a Federal savings association may invest.