§ 347.106. Going concerns.
46 words·~1 min read·
/us/cfr/t12/s§ 347.106·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Going concerns. If a bank acquires an equity interest in a foreign organization that is a going concern, no more than 5 percent of either the consolidated assets or revenues of the foreign organization may be attributable to activities that are not permissible under § 347.105(b).