[Code of Federal Regulations]

[Title 31, Volume 3]

[Revised as of July 1, 2005]

From the U.S. Government Printing Office via GPO Access

[CITE: 31CFR515.320]



[Page 95]

 

                  TITLE 31--MONEY AND FINANCE: TREASURY

 

 CHAPTER V--OFFICE OF FOREIGN ASSETS CONTROL, DEPARTMENT OF THE TREASURY

 

PART 515_CUBAN ASSETS CONTROL REGULATIONS--Table of Contents

 

                      Subpart C_General Definitions

 

Sec. 515.320  Domestic bank.



    The term domestic bank shall mean any branch or office within the 

United States of any of the following which is not a national of a 

designated foreign country; any bank or trust company incorporated under 

the banking laws of the United States or any State, territory, or 

district of the United States, or any private bank or banker subject to 

supervision and examination under the banking laws of the United States 

or of any State, territory or district of the United States. The 

Secretary of the Treasury may also authorize any other banking 

institution to be treated as a ``domestic bank'' for the purpose of this 

definition or for the purpose of any or all sections of this part.