CFR 12-362.4-2013 Banks and banking. Part362:Activities of insured state banks and insured savings associations. Section362.4:Subsidiaries of insured State banks.
(a) Prohibition. A subsidiary of an insured State bank may not engage as principal in any activity that is not of a type permissible for a subsidiary of a national bank, unless it meets one of the exceptions in paragraph (b) of this section.
CFR 12-362.4-2013 history
2013CFR 12-362.4-2013 Banks and banking. Part362:Activities of insured state banks and insured savings associations. Section362.4:Subsidiaries of insured State banks.