Public welfare investments.

CFR · 2024-01-01 · US · Title 12

A national bank or national bank subsidiary may make an investment directly or indirectly under this part if the investment primarily benefits low- and moderate income individuals, low- and moderate income areas, or other areas targeted by a governmental entity for redevelopment, or the investment would receive consideration under 12 CFR 25.23 as a “qualified investment.”

official document · source cfr-2024 · id 12:§ 24.3