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12 U.S.C. § 322

Determination on application

United States · Title 12 — BANKS AND BANKING · Status: effective

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12 U.S.C. § 322, Determination on application, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/437290
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In acting upon such applications the Board of Governors of the Federal Reserve System shall consider the financial condition of the applying bank, the general character of its management, and whether or not the corporate powers exercised are consistent with the purposes of this chapter.

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