§ 229.40. Effect of merger transaction.
42 words·~1 min read·
/us/cfr/t12/s§ 229.40·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
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]