Foreign banking organization

Foreign banking organization has the same meaning as in section 211.21(o) of the Board's Regulation K (12 CFR 211.21(o)), provided that if the top-tier foreign banking organization is incorporated in or organized under the laws of any State, the foreign banking organization shall not be treated as a foreign banking organization for purposes of this part.

Source

12 CFR § 252.2

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Scoping language

Unless otherwise specified, the following definitions apply for purposes of this part:

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