[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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4303. 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 would have eliminated certain application requirements and
substituted notice requirements for them, for banks meeting specified
criteria.
This action, the result of a CDRI section 303(a) review, has been
combined with a more comprehensive revision to 12 CFR 362 (see 3064-
AC12).
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
Merged With RIN 3064-AC12 09/12/97 62 FR 48025
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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