# 12 CFR § 250.181: Reports of change in control of bank management incident to a merger

> Federal · Regulations · In force

URL: https://www.frixlaw.com/law-library/statutes/ecfr-12-250.181

## Section

- **Citation:** 12 CFR § 250.181
- **Heading:** Reports of change in control of bank management incident to a merger
- **Jurisdiction:** Federal
- **Kind:** Regulations
- **Status:** In force
- **Text as of:** September 22, 2026
- **Source:** Publisher's official text
- **Location:** Title 12—Banks and Banking > CHAPTER II—FEDERAL RESERVE SYSTEM > SUBCHAPTER A—BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM > PART 250—MISCELLANEOUS INTERPRETATIONS > Interpretations

## Text

(a) A State member bank has inquired whether Pub. L. 88-593 (78 Stat. 940) requires reports of change in control of bank management in situations where the change occurs as an incident in a merger.
(b) Under the Bank Merger Act of 1960 (12 U.S.C. 1828(c)), no bank with Federal deposit insurance may merge or consolidate with, or acquire the assets of, or assume the liability to pay deposits in, any other insured bank without prior approval of the appropriate Federal bank supervisory agency. Where the bank resulting from any such transaction is a State member bank, the Board of Governors is the agency that must pass on the transaction. In the course of consideration of such an application, the Board would, of necessity, acquire knowledge of any change in control of management that might result. Information concerning any such change in control of management is supplied with each merger application and, in the circumstances, it is the view of the Board that the receipt of such information in connection with a merger application constitutes compliance with Pub. L. 88-593. However, once a merger has been approved and completely effectuated, the resulting bank would thereafter be subject to the reporting requirements of Pub. L. 88-593.
(12 U.S.C. 1817)

## Nearby sections

- [12 CFR § 250.141 § 250.141 Member bank purchase of stock of “operations subsidiaries.”](https://www.frixlaw.com/law-library/statutes/ecfr-12-250.141.md)
- [12 CFR § 250.142 § 250.142 Meaning of “obligor or maker” in determining limitation on securities investments by member State banks.](https://www.frixlaw.com/law-library/statutes/ecfr-12-250.142.md)
- [12 CFR § 250.143 § 250.143 Member bank purchase of stock of foreign operations subsidiaries.](https://www.frixlaw.com/law-library/statutes/ecfr-12-250.143.md)
- [12 CFR § 250.160 § 250.160 Federal funds transactions.](https://www.frixlaw.com/law-library/statutes/ecfr-12-250.160.md)
- [12 CFR § 250.163 § 250.163 Inapplicability of amount limitations to “ineligible acceptances.”](https://www.frixlaw.com/law-library/statutes/ecfr-12-250.163.md)
- [12 CFR § 250.164 § 250.164 Bankers' acceptances.](https://www.frixlaw.com/law-library/statutes/ecfr-12-250.164.md)
- [12 CFR § 250.165 § 250.165 Bankers' acceptances: definition of participations.](https://www.frixlaw.com/law-library/statutes/ecfr-12-250.165.md)
- [12 CFR § 250.166 § 250.166 Treatment of mandatory convertible debt and subordinated notes of state member banks and bank holding companies as “capital”.](https://www.frixlaw.com/law-library/statutes/ecfr-12-250.166.md)
- [12 CFR § 250.180 § 250.180 Reports of changes in control of management.](https://www.frixlaw.com/law-library/statutes/ecfr-12-250.180.md)
- [12 CFR § 250.181 § 250.181 Reports of change in control of bank management incident to a merger.](https://www.frixlaw.com/law-library/statutes/ecfr-12-250.181.md)
- [12 CFR § 250.182 § 250.182 Terms defining competitive effects of proposed mergers.](https://www.frixlaw.com/law-library/statutes/ecfr-12-250.182.md)
- [12 CFR § 250.200 § 250.200 Investment in bank premises by holding company banks.](https://www.frixlaw.com/law-library/statutes/ecfr-12-250.200.md)
- [12 CFR § 250.220 § 250.220 Whether member bank acting as trustee is prohibited by section 20 of the Banking Act of 1933 from acquiring majority of shares of mutual fund.](https://www.frixlaw.com/law-library/statutes/ecfr-12-250.220.md)
- [12 CFR § 250.221 § 250.221 Issuance and sale of short-term debt obligations by bank holding companies.](https://www.frixlaw.com/law-library/statutes/ecfr-12-250.221.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/ecfr-12-250.181. Check the current official text before relying on it. Not legal advice.