In contemplation.

(t) In contemplation. A transaction between a member bank and a nonaffiliate is presumed to be in contemplation of the nonaffiliate becoming an affiliate of the member bank if the member bank enters into the transaction with the nonaffiliate after the execution of, or commencement of negotiations designed to result in, an agreement under the terms of which the nonaffiliate would become an affiliate.

Source

12 CFR § 223.3


Scoping language

For purposes of this part:

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