12 CFR 7.5009

§ 7.5009 Location under 12 U.S.C. 85 of national banks operating exclusively through the Internet.

United States · 12 CFR — Banks and Banking · Status: effective

Cite this

Citation: 12 CFR 7.5009, § 7.5009 Location under 12 U.S.C. 85 of national banks operating exclusively through the Internet, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/43021
Permanent ID: ys:prov:43021@1
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Full text

For purposes of 12 U.S.C. 85, the main office of a national bank that operates exclusively through the Internet is the office identified by the bank under 12 U.S.C. 22(Second) or as relocated under 12 U.S.C. 30 or other appropriate authority.

Legislative history

This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.