12 CFR 390.310

§ 390.310 Service corporation.

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

Cite this

Citation: 12 CFR 390.310, § 390.310 Service corporation, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/47276
Permanent ID: ys:prov:47276@1
SHA-256: 2e4d1bea2c3f3c395b7383aa4974d27fcdf016b1f70ad8c668718f48bfc478eb

The hash is SHA-256 of this version's text, with every run of whitespace collapsed to a single space and the ends trimmed. The ID always leads back here, and checking it says whether the text you cited is still the current version.

Full text

The term service corporation means any corporation, the majority of the capital stock of which is owned by one or more savings associations and which engages, directly or indirectly, in any activities similar to activities which may be engaged in by a service corporation in which a Federal savings association may invest.

Legislative history

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