FDIC Federal Register Citations

[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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