12 CFR 7.5008
§ 7.5008 Location of a national bank conducting electronic activities.
United States · 12 CFR — Banks and Banking · Status: effective
Cite this
- Citation
- 12 CFR 7.5008, § 7.5008 Location of a national bank conducting electronic activities, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/43020
- Permanent ID
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Full text
A national bank shall not be considered located in a State solely because it physically maintains technology, such as a server or automated loan center, in that state, or because the bank's products or services are accessed through electronic means by customers located in the state.
Legislative history
This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.