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§ 7.5003 Composite authority to engage in electronic activities.

12 CFR 7.5003

Citation12 CFR 7.5003
CorpusDaily eCFR
Displayed edition2026-09-14
Last updated2026-09-14

§ 7.5003 Composite authority to engage in electronic activities.

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.