Code of Federal Regulations · Section
§ 347.106 — Going Concerns
12 C.F.R. § 347.106
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Going concerns. If a bank acquires an equity interest in a foreign organization that is a going concern, no more than 5 percent of either the consolidated assets or revenues of the foreign organization may be attributable to activities that are not permissible under § 347.105(b).
Authorizing Statute
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Definitions12 U.S.C. § 1813