§ 28.23 Procedures for closing of some of a foreign bank's Federal branches and/or agencies.
Current through Oct 1, 2026 · Read all of Part 28
In cases where § 28.22 does not apply, and a foreign bank is closing one or more, but not all, of its Federal branches and/or agencies, it shall follow the procedures set forth in 12 U.S.C. 1831r-1(a) and (b) (branch closings).
[68 FR 70700, Dec. 19, 2003]