CFR > Title 12 - Banks and Banking > CHAPTER I—COMPTROLLER OF THE CURRENCY, DEPARTMENT OF THE TREASURY > PART 28—INTERNATIONAL BANKING ACTIVITIES > SUBPART B—Federal Branches and Agencies of Foreign Banks (§28.10 to §28.26) > 28.23—Procedures for closing of some of a foreign bank's Federal branches and/or agencies.

28.23—Procedures for closing of some of a foreign bank's Federal branches and/or agencies.

In cases where § 28.22 does not apply, and a foreign bank is closing one or more, but not all, of its Federal branches and/or agencies, it shall follow the procedures set forth in 12 U.S.C. 1831r-1(a) and (b) (branch closings).

Code of Federal Regulations

[68 FR 70700, Dec. 19, 2003]