Title 12

SECTION 7.1005

7.1005 Credit decisions at other than banking offices of a national bank.

§ 7.1005 Credit decisions at other than banking offices of a national bank. Link to an amendment published at 85 FR 83728, Dec. 22, 2020.

A national bank and its operating subsidiary may make a credit decision regarding a loan application at a site other than the main office or a branch office of the bank without violating 12 U.S.C. 36 and 12 U.S.C. 81, provided that “money” is not deemed to be “lent” at those other sites within the meaning of § 7.1003.

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