Regulations last checked for updates: Feb 07, 2026

Title 12 - Banks and Banking last revised: Dec 01, 2026
§ 238.89 - Board action.

(a) Approval. The Board will notify an applicant if an application under this subpart is approved. An approval by the Board may include such conditions as the Board determines to be appropriate.

(b) Denial. If Board denies an application, the Board will notify an applicant promptly.

authority: 5 U.S.C. 552,559; 12 U.S.C. 1462,1462a,1463,1464,1467,1467a,1468,5365; 1813, 1817, 1829e, 1831i, 1972, 15 U.S.C. 78
source: Reg. LL, 76 FR 56532, Sept. 13, 2011, unless otherwise noted.
cite as: 12 CFR 238.89