12 C.F.R. § 7.5003

Composite authority to engage in electronic activities.

Last amended: 2017Year: 2026Length: 46 wordsOfficial source

Cite as 12 C.F.R. § 7.5003 (2026)

Unless otherwise prohibited by Federal law, a national bank may engage in an electronic activity that is comprised of several component activities if each of the component activities is itself part of or incidental to the business of banking or is otherwise permissible under Federal law.
12 C.F.R. § 7.5003: Composite authority to engage in electronic activities. | Justis AI