12 CFR 347.106 – Going concerns
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Going concerns. If a bank acquires an equity interest in a foreign organization that is a going concern, no more than 5 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).
Terms Used In 12 CFR 347.106
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.