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Home Page > Executive Branch > Code of Federal Regulations > Electronic Code of Federal Regulations
e-CFR Data is current as of December 14, 2009
TITLE 12--Banks and Banking
CHAPTER I--COMPTROLLER OF THE CURRENCY, DEPARTMENT OF THE TREASURY
PART 7--BANK ACTIVITIES AND OPERATIONS
Subpart A--BANK POWERS
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| National bank ownership of property. |
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| National bank acting as general insurance agent. |
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| National bank acting as finder. |
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| Money lent at banking offices or at other than banking offices. |
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| Loans originating at other than banking offices. |
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| Credit decisions at other than banking offices. |
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| Loan agreement providing for a share in profits, income, or earnings or for stock warrants. |
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| Preparing income tax returns for customers or public. |
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| National bank holding collateral stock as nominee. |
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| Postal service by national bank. |
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| National bank acting as payroll issuer. |
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| Sale of money orders at nonbanking outlets. |
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| Receipt of stock from a small business investment company. |
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| Independent undertakings to pay against documents. |
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| National bank as guarantor or surety on indemnity bond. |
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| Automatic payment plan account. |
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| Purchase of open accounts. |
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| National bank participation in financial literacy programs. |
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Subpart B--CORPORATE PRACTICES
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| Corporate governance procedures. |
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| Notice of shareholders' meetings. |
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| Director or attorney as proxy. |
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| Annual meeting for election of directors. |
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| Honorary directors or advisory boards. |
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| Ownership of stock necessary to qualify as director. |
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| Cumulative voting in election of directors. |
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| Filling vacancies and increasing board of directors other than by shareholder action. |
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| Quorum of the board of directors; proxies not permissible. |
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| Directors' responsibilities. |
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| President as director; chief executive officer. |
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| Fidelity bonds covering officers and employees. |
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| Indemnification of institution-affiliated parties. |
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| Restricting transfer of stock and record dates. |
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| Facsimile signatures on bank stock certificates. |
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| Loans secured by a bank's own shares. |
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| Acquisition and holding of shares as treasury stock. |
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| Staggered terms for national bank directors and size of bank board. |
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Subpart C--BANK OPERATIONS
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| Sharing space and employees. |
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Subpart D--PREEMPTION
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| Charging interest at rates permitted competing institutions; charging interest to corporate borrowers. |
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| Establishment and operation of a remote service unit by a national bank. |
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| Establishment and operation of a deposit production office by a national bank. |
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| Combination of loan production office, deposit production office, and remote service unit. |
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| Applicability of State law to national bank operating subsidiaries. |
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| Applicability of state law to national bank operations. |
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Subpart E--ELECTRONIC ACTIVITIES
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| Electronic activities that are part of, or incidental to, the business of banking. |
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| Furnishing of products and services by electronic means and facilities. |
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| Composite authority to engage in electronic activities. |
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| Sale of excess electronic capacity and by-products. |
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| National bank acting as digital certification authority. |
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| Location of a national bank conducting electronic activities. |
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| Location under 12 U.S.C. 85 of national banks operating exclusively through the Internet. |
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