[October 29, 1997 (Volume 62, Number 209)]
[Unified Agenda]
From the Federal Register Online via GPO Access [frwais.access.gpo.gov]
[Page 58411]
FEDERAL DEPOSIT INSURANCE CORPORATION (FDIC) Completed Actions
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4305. PROHIBITION AGAINST DEPOSIT PRODUCTION OFFICES
Priority: Substantive, Nonsignificant
Legal Authority: 12 USC 1835(a); PL 103-328, sec 109
CFR Citation: 12 CFR 369
Legal Deadline: None
Abstract: This rulemaking implements section 109 of Riegle-Neal
Interstate Banking and Branching Efficiency Act of 1994, which requires
federal banking agencies to prescribe uniform regulations which
prohibit a bank from using any authority under the Act to engage in
interstate branching primarily for the purpose of deposit production.
Timetable:
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Action Date FR Cite
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NPRM 03/17/97 62 FR 12730
NPRM Comment Period End 05/02/97
Final Action 09/10/97 62 FR 47728
Small Entities Affected: None
Government Levels Affected: None
Agency Contact: Gladys Gallagher, Counsel, Legal Division, Federal
Deposit Insurance Corporation, Washington, DC 20429
Phone: 202 898-3833
RIN: 3064-AB97
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