yourstate.us
Home / United States / 12 CFR
12 CFR 712.6

§ 712.6 What activities and services are prohibited for CUSOs?

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

Get this as JSONEmbed this
Cite this
Citation
12 CFR 712.6, § 712.6 What activities and services are prohibited for CUSOs?, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/48606
Permanent ID
ys:prov:48606@1
SHA-256
cd4e77f3e31ebfcd17757277bcc4c96d6198847e6236261f8ec6cfd9b130a305

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

General. CUSOs must not acquire control of, either directly or indirectly, another depository financial institution, nor invest in shares, stocks, or obligations of an insurance company, trade association, liquidity facility or similar organization, corporation, or association.

Legislative history

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