1. Regulations
  2. title 12
  3. chapter I
  4. part 7
  5. subpart E
  6. § 7.5009

View all text of Subpart E [§ 7.5000 - § 7.5010]

§ 7.5009 - Location under 12 U.S.C. 85 of national banks operating exclusively through the Internet.

For purposes of 12 U.S.C. 85, the main office of a national bank that operates exclusively through the Internet is the office identified by the bank under 12 U.S.C. 22(Second) or as relocated under 12 U.S.C. 30 or other appropriate authority.

AUTHORITY: 12 U.S.C. 1

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

CITE AS: 12 CFR 7.5009