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U.S. Code/Title 12/§ 322

Title 12

12

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12 U.S.C. § 322.Chapter 3

§ 322

Determination on application

Title 12
1 min read
Subchapter: STATE BANKS AS MEMBERS OF SYSTEM

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Back to Chapter 3Previous: § 321Next: § 323

In acting upon such applications the Board of Governors of the Federal Reserve System shall consider the financial condition of the applying bank, the general character of its management, and whether or not the corporate powers exercised are consistent with the purposes of this chapter.

§ 321

Release: pl-119-102 (2026-07-12)

§ 323

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