Licensing Manual: Substantial Asset Changes, Including Changes in Charter Purpose
This publication is a part of:
Collection: Comptroller’s Licensing Manual
This booklet of the Comptroller's Licensing Manual discusses key policies and requirements under 12 CFR 5.53 for filings by a national bank or federal savings association pertaining to a substantial asset change, including a change in charter purpose. This booklet discusses what constitutes a substantial asset change, including a change in charter purpose, and when a filing with the OCC is required.