12 C.F.R. § 28.23   Procedures for closing of some of a foreign bank's Federal branches and/or agencies.


Title 12 - Banks and Banking


Title 12: Banks and Banking
PART 28—INTERNATIONAL BANKING ACTIVITIES
Subpart B—Federal Branches and Agencies of Foreign Banks

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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]

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