§ 1850. Acquisition of subsidiary and tying arrangement: Federal Reserve Board proceedings; application for authorization; competitor as party in interest and person aggrieved; judicial review
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/usc/title-12/section-1850A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
With respect to any proceeding before the Federal Reserve Board wherein an applicant seeks authority to acquire a subsidiary which is a bank under section 1842 of this title or to engage in an activity otherwise prohibited under chapter 22 of this title, a party who would become a competitor of the applicant or subsidiary thereof by virtue of the applicant’s or its subsidiary’s acquisition, entry into the business involved, or activity, shall have the right to be a party in interest in the proceeding and, in the event of an adverse order of the Board, shall have the right as an aggrieved party to obtain judicial review thereof as provided in section 1848 of this title or as otherwise provided by law.
(Pub. L. 91–607, title I, § 105, Dec. 31, 1970, 84 Stat. 1766; Pub. L. 106–102, title I, § 102(b)(1), Nov. 12, 1999, 113 Stat. 1341.)
Connections7 cite this · traces to 4
Cited by 7 sections · top 5
statutes-at-large
- Public Law 95–369To provide for Federal regulation of participation by foreign banks in domestic financial markets
- Public Law 106–102To enhance competition in the financial services industry by providing a prudential framework for the affiliation of banks, securities firms, insurance companies, and other financial service providers, and for other purposes
statute-compilations
6 references not yet in our index
- Pub. L. 91–607, title I, § 105
- 84 Stat. 1766
- Pub. L. 106–102, title I, § 102(b)(1)
- 113 Stat. 1341
- Pub. L. 106–102
- section 161 of Pub. L. 106–102
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§ 1850
Acquisition of subsidiary and tying arrangement: Federal Reserve Board proceedings; application for authorization; competitor as party in interest and person aggrieved; judicial review
Stat.×3
U.S.C.×3
Stat. Comp.×1
Pub. L.Pub. L. 91–607, title I, § 105
Stat.84 Stat. 1766
Pub. L.Pub. L. 106–102, title I, § 102(b)(1)
Stat.113 Stat. 1341
Pub. L.Pub. L. 106–102
Cites 10 · showing 9Cited by 7 across 3 sources