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§ 229.40 Effect of merger transaction.

12 CFR 229.40

Citation12 CFR 229.40
CorpusDaily eCFR
Displayed edition2026-06-03
Last updated2026-06-03

§ 229.40 Effect of merger transaction.

For purposes of this subpart, two or more banks that have engaged in a merger transaction may be considered to be separate banks for a period of one year following the consummation of the merger transaction.

[82 FR 27584, June 15, 2017]