Regulations last checked for updates: Nov 23, 2024

Title 12 - Banks and Banking last revised: Nov 20, 2024
§ 7.5008 - Location of a national bank conducting electronic activities.

A national bank shall not be considered located in a State solely because it physically maintains technology, such as a server or automated loan center, in that state, or because the bank's products or services are accessed through electronic means by customers located in the state.

authority: 12 U.S.C. 1
source: 61 FR 4862, Feb. 9, 1996, unless otherwise noted.
cite as: 12 CFR 7.5008