12 CFR 347.120

§ 347.120 Computation of investment amounts.

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

Cite this

Citation: 12 CFR 347.120, § 347.120 Computation of investment amounts, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/46868
Permanent ID: ys:prov:46868@1
SHA-256: b5285e54c6102faa0b9f578a28ccf58bcae926f17de55a86c0a6ac9235a0f389

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Full text

In computing the amount that may be invested in any foreign organization under §§ 347.117 through 347.119, any investments held by an affiliate of a bank must be included.

Legislative history

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