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Proposed Rule95-265561995-10-26

Community Development Corporation and Project Investments

Treasury Department, Comptroller of the Currency

Abstract

The Office of the Comptroller of the Currency (OCC) is proposing to amend its regulation regarding Community Development Corporation and Project Investments. The proposal removes a provision that requires banks to reinvest profits, dividends and other distributions from community development investments in activities that promote the public welfare and is intended to encourage public welfare investments by national banks.

Action & Dates

Action
Notice of proposed rulemaking.
Dates
Comments must be received by November 27, 1995.

CFR References

Public Comment

Comments Close
1995-11-27

Related Documents

Other Federal Register documents from the same docket.

Full Document

Citation: 60 FR 54819

Community Development Corporation and Project Investments — Federal Register 95-26556 | Open Gov by Base