12 C.F.R. § 925.7 Duly organized requirement.
Title 12 - Banks and Banking
An applicant shall be deemed to be duly organized as required by section 4(a)(1)(A) of the Act (12 U.S.C. 1424(a)(1)(A)) and §925.6(a)(1) of this part, if it is chartered by a state or federal agency as a building and loan association, savings and loan association, cooperative bank, homestead association, insurance company, savings bank or insured depository institution. [61 FR 42545, Aug. 16, 1996, as amended at 65 FR 8261, Feb. 18, 2000; 67 FR 12848, Mar. 20, 2002; 70 FR 9510, Feb. 28, 2005]
Title 12: Banks and Banking
PART 925—MEMBERS OF THE BANKS
Subpart C—Eligibility Requirements
§ 925.7 Duly organized requirement.
