GroundRules
12 CFR 7.5009: Location under 12 U.S.C. 85 of national banks operating exclusively through the Internet.
Where this section sits in the code
- Title 12—Banks and Banking
- CHAPTER I—COMPTROLLER OF THE CURRENCY, DEPARTMENT OF THE TREASURY
- PART 7—ACTIVITIES AND OPERATIONS
- Subpart E—National Bank Electronic Activities
For purposes of 12 U.S.C. 85, the main office of a national bank that operates exclusively through the Internet is the office identified by the bank under 12 U.S.C. 22(Second) or as relocated under 12 U.S.C. 30 or other appropriate authority.
Collected 2026-08-27T02:24:16Z. Source file · JSON