12 CFR 251.5
§ 251.5 No evasion.
United States · 12 CFR — Banks and Banking · Status: effective
Cite this
- Citation
- 12 CFR 251.5, § 251.5 No evasion, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/45363
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Full text
A financial company may not organize or operate its business or structure any acquisition of or merger or consolidation with another company in such a manner that results in evasion of the concentration limit established by section 14 of the Bank Holding Company Act or this part.
Legislative history
This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.