[April 25, 1997 (Volume 62, Number 80)]
[Unified Agenda]
From the Federal Register Online via GPO Access [frwais.access.gpo.gov]
[Page 22653]
Part LI
Federal Deposit Insurance Corporation
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FEDERAL DEPOSIT INSURANCE CORPORATION (FDIC) Final Rule Stage
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4102. ACTIVITIES AND INVESTMENTS OF INSURED STATE BANKS
Priority: Substantive, Nonsignificant
Legal Authority: 12 USC 1816; 12 USC 1818; 12 USC 1819; 12 USC 1831
CFR Citation: 12 CFR 362
Legal Deadline: None
Abstract: In general, part 362 prohibits insured state banks from
undertaking activities that are not permitted for national banks, with
some exceptions that are granted through an application process. This
rulemaking eliminates certain application requirements and substitutes
notice requirements for them, for banks meeting specified criteria.
This action is the result of a CDRI section 303(a) review.
Timetable:
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Action Date FR Cite
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NPRM 08/23/96 61 FR 43486
NPRM Comment Period End 10/22/96
Final Action 05/00/97
Small Entities Affected: None
Government Levels Affected: None
Agency Contact: Shirley K. Basse, Review Examiner, Division of
Supervision, Federal Deposit Insurance Corporation
Phone: 202 898-6815
RIN: 3064-AB75
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