Code of Federal Regulations · Section
§ 251.5 — No Evasion
12 C.F.R. § 251.5
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A financial company may not organize or operate its business or structure any acquisition of or merger or consolidation with another company in such a manner that results in evasion of the concentration limit established by section 14 of the Bank Holding Company Act or this part.
Authorizing Statute
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Termination of status as insured depository institution12 U.S.C. § 1818