§ 7.1004Loans originating at other than banking offices.
(a)General. A national bank may use the services of, and compensate persons not employed by, the bank for originating loans.
(b)Approval. An employee or agent of a national bank or of its operating subsidiary may originate a loan at a site other than the main office or a branch office of the bank. This action does not violate 12 U.S.C. 36 and 12 U.S.C. 81 if the loan is approved and made at the main office or a branch office of the bank or at an office of the operating subsidiary located on the premises of, or contiguous to, the main office or branch office of the bank.
Beta! The text on the eCFR tab represents the unofficial eCFR text at ecfr.gov.