12 CFR 229.40

§ 229.40 Effect of merger transaction.

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

Cite this

Citation: 12 CFR 229.40, § 229.40 Effect of merger transaction, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/44933
Permanent ID: ys:prov:44933@1
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Full text

For purposes of this subpart, two or more banks that have engaged in a merger transaction may be considered to be separate banks for a period of one year following the consummation of the merger transaction.

Legislative history

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