12 CFR 7.5003
§ 7.5003 Composite authority to engage in electronic activities.
United States · 12 CFR — Banks and Banking · Status: effective
Cite this
- Citation
- 12 CFR 7.5003, § 7.5003 Composite authority to engage in electronic activities, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/43015
- Permanent ID
ys:prov:43015@1- SHA-256
01b62a9e103905b98416c823974f28dc1df198e31a3aaf082e1ff253d6dce251
The hash is SHA-256 of this version's text, with every run of whitespace collapsed to a single space and the ends trimmed. The ID always leads back here, and checking it says whether the text you cited is still the current version.
Full text
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.
Legislative history
This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.