← Treasury Federal Register rules

Other Equity Investments

banking-occ · OCC · Rule · Published 2000-07-06 · 65 FR 41559

Document

Document number
00-17008
Federal Register citation
65 FR 41559
CFR reference
12 CFR 5
Type
Rule
Action
Final rule.
Category
banking-occ
Sub-agency
OCC
Publication date
2000-07-06
Treasury docket
Docket No. 00-14

Abstract

The Office of the Comptroller of the Currency (OCC) is making a technical correction to its regulation on non-controlling equity investments to clarify that a national bank that wishes to use the notice procedure to make a non-controlling investment in an enterprise must certify that its loss exposure is limited, as a legal and accounting matter, and that it does not have open-ended liability for the obligations of the enterprise.

Source

Authoritative
Federal Register document
Machine
JSON-LD · Markdown