12 CFR 225.41 - Transactions requiring prior notice

Cite as12 CFR 225.41
CurrencyCurrent through December 7, 2020
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2053 practice notes
4 cases
  • 108 So.3d 240 (La.App. 3 Cir. 2012), 12-802, In re Succession of Cole
    • United States
    • Louisiana Court of Appeal of Louisiana (US)
    • 26 Dicembre 2012
    ...which govern the transfer of a controlling interest in a bank holding company. More specifically, she argues that, pursuant to 12 C.F.R. 225.41(a), the parties are required to give the Federal Reserve Board sixty days written notice before acquiring control of a bank holding company unless ......
  • 596 F.2d 1368 (9th Cir. 1979), 77-3485, Bankamerica Corp. v. Board of Governors of Federal Reserve System
    • United States
    • Federal Cases United States Courts of Appeals United States Court of Appeals (9th Circuit)
    • 14 Maggio 1979
    ...basis. By regulation, the Board has delegated the power to approve such nonbanking activities to individual Federal Reserve Banks. 12 C.F.R. §§ 225.41(b)(1) and 265.2(f)(20)(i). BankAmerica is headquartered in San Francisco; so the Federal Reserve Bank of San Francisco passed upon and appro......
  • 61 F.3d 8 (2nd Cir. 1995), 1534, Levner v. Prince Alwaleed
    • United States
    • Federal Cases United States Courts of Appeals United States Court of Appeals (2nd Circuit)
    • 26 Luglio 1995
    ...not require either the FRB's approval or the prior filing of a Notice of Change in Bank Control, see 12 U.S.C. Sec. 1817(j) (1994); 12 C.F.R. Sec. 225.41. See Letter from Jennifer J. Johnson, Associate Secretary of the FRB, to Richard J. M. Poulson, Esq. and Neal L. Petersen, Esq., Hogan &a......
  • 903 F.Supp. 452 (S.D.N.Y. 1994), 92 Civ. 7122, Levner v. Saud
    • United States
    • Federal Cases United States District Courts 2nd Circuit United States District Courts. 2nd Circuit. Southern District of New York
    • 17 Ottobre 1994
    ...would not require either Board approval or the prior filing of a Notice of Change in Bank Control, pursuant to 12 U.S.C. § 1817(j)) and 12 C.F.R. 225.41 ("Notice"). (Pax Decl., Ex. 6.) In making its determination, the Board considered the limitations placed on Alwaleed's actions p......
4 firm's commentaries
  • Does Dodd-Frank Contain a Virus for Private Equity Investments in Banks?
    • United States
    • JD Supra United States
    • 28 Ottobre 2010
    ...register as a holding company, the transaction is exempt from the requirements of the CBCA. 6 See, e.g., 12 C.F.R. § 303.82(b)(2) and 12 C.F.R. §225.41(b). 7 See, e.g., 12 C.F.R. § 303.82(e). 8 12 U.S.C. § 1813(c). 9 12 U.S.C. § 1817(j)18(A) and (B). 10 The principles underlying these passi......
  • Thrift Institutions After Dodd-Frank: The New Regulatory Framework
    • United States
    • Mondaq United States
    • 13 Dicembre 2011
    ...that acquires 10 percent or more but less than 25 percent of such voting stock to rebut control, rather than file the notice, 12 C.F.R. § 225.41(c), but in practice it can be difficult to rebut control successfully and most such investors file the notice. 8 The policy statement is at 12 C.F......
  • Financial Services Alert: Developments of Note
    • United States
    • Mondaq United States
    • 4 Dicembre 2002
    ...together may be considered a "customer," so long as they satisfy the definition of "immediate family" set forth at 12 C.F.R. 225.41(b) and res ide at the same address. The interpretation notes that such anaggregation would make it easier to receive favorable pricing on b......
  • The Federal Reserve Board's Proposed New Risk Management Requirements For Firms Requiring Enhanced Supervision
    • United States
    • Mondaq United States
    • 30 Ottobre 2012
    ...three years; and ii. Is not a member of the immediate family, as defined in section 225.41(a)(3) of the Federal Reserve's Regulation Y (12 CFR 225.41(a)(3)), of a person who is, or has been within the last three years, an executive officer of the company, as defined in section 215.2(e)(1) o......
2045 provisions
  • Enhanced Prudential Standards and Early Remediation Requirements for Covered Companies
    • United States
    • Federal Register January 05, 2012
    • 5 Gennaio 2012
    ...have the same meaning as in section 2 of the Bank Holding Company Act, as amended ( 12 U.S.C. 1841 ), and the Board's Regulation Y (12 CFR part 225).\47\ Additional common definitions are detailed in the proposed \47\ Control would have a different meaning under the proposed rules concernin......
  • Bank Holding Company Act Amendments of 1970: Anti-tying restrictions; intrepretation and supervisory guidance; comment request,
    • United States
    • Federal Register August 29, 2003
    • 25 Agosto 2003
    ...programs, the term ``customer'' may include separate individuals who are all members of the same immediate family (as defined in 12 CFR 225.41(b)(3)) and who all reside at the same address. See Letter dated November 26, 2002, from J. Virgil Mattingly, Jr., General Counsel of the Board, to O......
  • Agency Information Collection Activities: Announcement of Board Approval Under Delegated Authority and Submission to OMB
    • United States
    • Federal Reserve System
    • Invalid date
    ...listed below have applied under the Change in Bank Control Act (‘‘Act’’) (12 U.S.C. 1817(j)) and § 225.41 of the Board’s Regulation Y (12 CFR 225.41) to acquire shares of a bank or bank holding company. The factors that are considered in acting on the notices are set forth in paragraph 7 of......
  • Changes in Bank Control:
    • United States
    • Federal Register July 18, 2011
    • 18 Luglio 2011
    ...listed below have applied under the Change in Bank Control Act (12 U.S.C. 1817(j)) and Sec. 225.41 of the Board's Regulation Y (12 CFR 225.41) to acquire shares of a bank or bank holding company. The factors that are considered in acting on the notices are set forth in paragraph 7 of the Ac......
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