1. LawStack
  2. Title 12 - Banks and Banking
  3. Chapter I - COMPTROLLER OF THE CURRENCY, DEPARTMENT OF THE TREASURY
  4. Part 7 - ACTIVITIES AND OPERATIONS
  5. Subpart E - National Bank Electronic Activities
  6. 12 CFR § 7.5008
12 CFR § 7.5008
Location of a national bank conducting electronic activities
November 10, 2020
CFR

A national bank shall not be considered located in a State solely because it physically maintains technology, such as a server or automated loan center, in that state, or because the bank's products or services are accessed through electronic means by customers located in the state.

Previous
§ 7.5007 Correspondent services
Next
§ 7.5009 Location under 12 U.S.C. 85 of national banks operating exclusively through the Internet

Tried the LawStack mobile app?

Join thousands and try LawStack mobile for FREE today.

  • Carry the law offline, wherever you go.
  • Download CFR, USC, rules, and state law to your mobile device.

Designed and built by Tekk Innovations LLC, the makers of the LawStack iPhone app or Android app.

© 2020 Tekk Innovations LLC