GroundRules
12 CFR 211.7: Voluntary liquidation of Edge and agreement corporations.
Where this section sits in the code
- Title 12—Banks and Banking
- CHAPTER II—FEDERAL RESERVE SYSTEM
- SUBCHAPTER A—BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM
- PART 211—INTERNATIONAL BANKING OPERATIONS (REGULATION K)
- Subpart A—International Operations of U.S. Banking Organizations
(a) Prior notice. An Edge or agreement corporation desiring voluntarily to discontinue normal business and dissolve, shall provide the Board with 45 days' prior written notice of its intent to do so.
(b) Waiver of notice period. The Board may waive the 45-day period if it finds that immediate action is required by the circumstances presented.
Collected 2026-08-27T02:24:16Z. Source file · JSON