12 C.F.R. § 7.1007
Current through October 31, 2024
A national bank is not limited in the character of acceptances it may make in financing credit transactions. Bankers' acceptances may be used for such purpose, since the making of acceptances is an essential part of banking authorized by 12 U.S.C. 24 .
12 C.F.R. §7.1007