Source: https://www.law.cornell.edu/cfr/text/12/26.1?quicktabs_7=1
Timestamp: 2015-05-07 01:40:34
Document Index: 280676821

Matched Legal Cases: ['art 26', '§ 93', '§ 3201', '§ 3202', '§ 3203', '§ 3204', '§ 3205', '§ 3206', '§ 3207', '§ 3208']

12 CFR 26.1 - Authority, purpose, and scope. | LII / Legal Information Institute
CFR › Title 12 › Chapter I › Part 26 › Section 26.1 12 CFR 26.1 - Authority, purpose, and scope.
There is 1 rule appearing in the Federal Register for 12 CFR 26. View below or at eCFR (GPOAccess)
Authority. This part is issued under the provisions of the Depository Institution Management Interlocks Act (Interlocks Act) (12 U.S.C. 3201
et seq.), as amended, and the OCC's general rulemaking authority in 12 U.S.C. 93a.
Purpose. The purpose of the Interlocks Act and this part is to foster competition by generally prohibiting a management official from serving two nonaffiliated depository organizations in situations where the management interlock likely would have an anticompetitive effect.
Scope. This part applies to management officials of national banks and their affiliates.
This is a list of United States Code sections, Statutes at Large, Public Laws, and Presidential Documents, which provide rulemaking authority for this CFR Part.This list is taken from the Parallel Table of Authorities and Rules provided by GPO [Government Printing Office].It is not guaranteed to be accurate or up-to-date, though we do refresh the database weekly. More limitations on accuracy are described at the GPO site.United States CodeU.S. Code: Title 12 - BANKS AND BANKING§ 93a - Authority to prescribe rules and regulations§ 3201 - Definitions§ 3202 - Dual service of management official as management official of unaffiliated institution or holding company in same area, town, or village prohibited§ 3203 - Dual service of management official of $2,500,000,000 institution or holding company as management official of unaffiliated $1,500,000,000 institution or holding company prohibited§ 3204 - Exceptions§ 3205 - Management official in position prior to November 10, 1978§ 3206 - Administration and enforcement§ 3207 - Rules and regulations§ 3208 - Powers available to Attorney General for enforcement
Title 12 published on 2014-01-01The following are ALL rules, proposed rules, and notices (chronologically) published in the Federal Register relating to 12 CFR 26 after this date.2014-05-16; vol. 79 # 95 - Friday, May 16, 201479 FR 28393 - Integration of National Bank and Savings Association Regulations: Interagency Rules