United States Government Publishing Office publisher pbl distributor dst United States National Archives and Records Administration Office of the Federal Register author aut Government Organization text government publication eng FR Regulatory Information 2003_register executive 2010-09-23 article Rules and Regulations D09002ee1c816bc9f D09002ee1c816bd23 United States Department of the Treasury originator org United States Government Agency or Subagency United States Office of the Comptroller of the Currency originator org United States Government Agency or Subagency The Office of the Comptroller of the Currency (OCC) is publishing a final rule implementing authority provided to national banks by sections 1204, 1205, and 1206 of the American Homeownership and Economic Opportunity Act of 2000 (AHEOA). Section 1204 permits national banks to reorganize directly to be controlled by a holding company. Section 1205 increases the maximum term of service for national bank directors, permits the OCC to adopt regulations allowing for staggered terms for directors, and permits national banks to apply for permission to have more than 25 directors. Section 1206 permits national banks to merge with one or more of their nonbank affiliates, subject to OCC approval. In addition, the rule amends parts 5, 7, 9, and 34, for other purposes and makes several technical corrections. 68 FR 70122 https://www.govinfo.gov/app/details/FR-2003-12-17/03-31093 03-31093 fr17de03-2 RIN 1557-AB97 4810-33-P Docket No. 03-24 https://www.govinfo.gov/app/details/FR-2003-12-17/03-31093 https://www.govinfo.gov/content/pkg/FR-2003-12-17/html/03-31093.htm https://www.govinfo.gov/content/pkg/FR-2003-12-17/pdf/03-31093.pdf Foreign Banking Administrative Practice and Procedure National Banks Reporting and Recordkeeping Requirements Mortgages Securities Credit Insurance Investments Surety Bonds Estates Trusts and Trustees 10 p. 70122 70131 68 FR 70122 Title 12 Part 28 12 CFR Part 28 Title 12 Part 34 12 CFR Part 34 Title 12 Part 3 12 CFR Part 3 Title 12 Part 5 12 CFR Part 5 Title 12 Part 6 12 CFR Part 6 Title 12 Part 7 12 CFR Part 7 Title 12 Part 9 12 CFR Part 9 RIN 1557-AB97 Rules, Policies, and Procedures for Corporate Activities; Bank Activities and Operations; Real Estate Lending and Appraisals; Federal Register Vol. 68, Issue RULE 03-31093 DEPARTMENT OF THE TREASURY Office of the Comptroller of the Currency Docket No. 03-24 4810-33-P 03-31093 Final rule.

The Office of the Comptroller of the Currency (OCC) is publishing a final rule implementing authority provided to national banks by sections 1204, 1205, and 1206 of the American Homeownership and Economic Opportunity Act of 2000 (AHEOA). Section 1204 permits national banks to reorganize directly to be controlled by a holding company. Section 1205 increases the maximum term of service for national bank directors, permits the OCC to adopt regulations allowing for staggered terms for directors, and permits national banks to apply for permission to have more than 25 directors. Section 1206 permits national banks to merge with one or more of their nonbank affiliates, subject to OCC approval. In addition, the rule amends parts 5, 7, 9, and 34, for other purposes and makes several technical corrections.

January 16, 2004. For questions concerning 12 CFR 5.20, contact Richard Cleva, Senior Counsel, Bank Activities and Structure Division, (202) 874-5300; or Andra Shuster, Counsel, Legislative and Regulatory Activities Division, (202) 874-5090. For questions concerning 12 CFR 5.32, contact Mark Ginsberg, Senior Licensing Analyst, Licensing Policy and Systems Division, (202) 874-5060; or Andra Shuster, Counsel, Legislative and Regulatory Activities Division, (202) 874-5090. For questions concerning 12 CFR 5.33, contact Crystal Maddox, Senior Licensing Analyst, Licensing Policy and Systems Division, (202) 874-5060; Richard Cleva, Senior Counsel, Bank Activities and Structure Division, (202) 874-5300; or Andra Shuster, Counsel, Legislative and Regulatory Activities Division, (202) 874- 5090. For questions concerning 12 CFR 7.2024, contact Andra Shuster, Counsel, Legislative and Regulatory Activities Division, (202) 874- 5090. For questions concerning 12 CFR 34.3, contact Mark Tenhundfeld, Assistant Director, or Andra Shuster, Counsel, Legislative and Regulatory Activities Division, (202) 874-5090. For questions concerning 12 CFR 9.18, contact Beth Kirby, Special Counsel, Securities and Corporate Practices Division, (202) 874-5210. Foreign Banking Administrative Practice and Procedure National Banks Reporting and Recordkeeping Requirements Mortgages Securities Credit Insurance Investments Surety Bonds Estates Trusts and Trustees National banks: Authority provided by American Homeownership and Economic Opportunity Act, and other miscellaneous amendments, http://www.occ.treas.gov/corpbook/forms/SigDevPolicy8-03.pdf www.irs.treas.gov Vol. 68, no. 242 Office of the Federal Register, National Archives and Records Administration 2003-12-17 continuing daily deposited born digital 307 p. Table of Contents: AE 2.7: GS 4.107: AE 2.106: KF70.A2 https://www.govinfo.gov/app/details/FR-2003-12-17 P0b002ee1809cd84d 0097-6326 0042-1219 0364-1406 769-004-00000-9 000582072 f:fr17de03 https://www.govinfo.gov/app/details/FR-2003-12-17 https://www.govinfo.gov/content/pkg/FR-2003-12-17/pdf/FR-2003-12-17.pdf https://www.govinfo.gov/content/pkg/FR-2003-12-17/xml/FR-2003-12-17.xml fdlp 70121 70419 DGPO 2010-09-23 2024-06-07 FR-2003-12-17 machine generated eng FR FR-2003-12-17 68 242