12 CFR 34.24

§ 34.24 Nonfederally chartered commercial banks.

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

Cite this

Citation: 12 CFR 34.24, § 34.24 Nonfederally chartered commercial banks, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/43408
Permanent ID: ys:prov:43408@1
SHA-256: f180905337756d6eab7c45f5065cc056400b2fbc67b58ceecefcc2e805ba8145

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Full text

Pursuant to 12 U.S.C. 3803(a), a State chartered commercial bank may make ARM loans in accordance with the provisions of this subpart. For purposes of this section, the term “State” shall have the same meaning as set forth in § 34.2(b).

Legislative history

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