12 C.F.R. § 7.5003   Composite authority to engage in electronic activities.


Title 12 - Banks and Banking


Title 12: Banks and Banking
PART 7—BANK ACTIVITIES AND OPERATIONS
Subpart E—Electronic Activities

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§ 7.5003   Composite authority to engage in electronic activities.

Unless otherwise prohibited by Federal law, a national bank may engage in an electronic activity that is comprised of several component activities if each of the component activities is itself part of or incidental to the business of banking or is otherwise permissible under Federal law.

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