(a) Exemption. The OCC may by order issued following receipt of an application, exempt an interlock from the prohibitions in § 26.3 if the OCC finds that the interlock would not result in a monopoly or substantial lessening of competition and would not present safety and soundness concerns.
CFR 12-26.6-2014 history
2014CFR 12-26.6-2014 Banks and Banking. Part26:Management official interlocks. Section26.6:General exemption.