12 CFR 347.107 - Joint ventures.
(a) Joint ventures. If a bank, directly or indirectly, acquires or holds an equity interest in a foreign organization that is a joint venture, and the bank or its affiliates do not control the foreign organization, no more than 10 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).
Title 12 published on 2015-01-01.
No entries appear in the Federal Register after this date, for 12 CFR Part 347.