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Federal regulations · Through 2026-08-25 · Newer source version available

12 CFR 24.3: Public welfare investments.

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Where this section sits in the code
  1. Title 12—Banks and Banking
  2. CHAPTER I—COMPTROLLER OF THE CURRENCY, DEPARTMENT OF THE TREASURY
  3. PART 24—COMMUNITY AND ECONOMIC DEVELOPMENT ENTITIES, COMMUNITY DEVELOPMENT PROJECTS, AND OTHER PUBLIC WELFARE INVESTMENTS

A national bank or national bank subsidiary may make an investment directly or indirectly under this part if the investment primarily benefits low- and moderate income individuals, low- and moderate income areas, or other areas targeted by a governmental entity for redevelopment, or the investment would receive consideration under § 25.23 of appendix G to 12 CFR part 25 as a “qualified investment.”

Collected 2026-08-27T02:24:16Z. Source file · JSON

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