In computing the amount that may be invested in any foreign organization under §§ 347.117 through 347.119, any investments held by an affiliate of a bank must be included.
authority: 12 U.S.C. 1813,
1815,
1817,
1819,
1820,
1828,
3103,
3104,
3105,
3108,
3109; Pub L. No. 111-203, section 939A, 124 Stat. 1376, 1887 (July 21, 2010) (codified
15 U.S.C. 78o-7 note)
source: 70 FR 17560, Apr. 6, 2005, unless otherwise noted.
cite as: 12 CFR 347.120