12 C.F.R. § 24.3

Current through October 31, 2024
Section 24.3 - Public welfare investments

A national bank or national bank subsidiary may make an investment directly or indirectly under this part if the investment primarily benefits low- and moderate income individuals, low- and moderate income areas, or other areas targeted by a governmental entity for redevelopment, or the investment would receive consideration under § 25.23 of appendix G to 12 CFR part 25 as a "qualified investment."

12 C.F.R. §24.3

73 FR 46534 , Aug. 11, 2008; as amended at 89 FR 22067 , Mar. 29, 2024
73 FR 46534 , 8/11/2008, as amended at 89 FR 22067 , 4/1/2024