12 U.S.C. § 1850 : US Code - Section 1850: Acquisition of subsidiary and tying arrangement: Federal Reserve Board proceedings; application for authorization; competitor as party in interest and person aggrieved; judicial review

Search 12 U.S.C. § 1850 : US Code - Section 1850: Acquisition of subsidiary and tying arrangement: Federal Reserve Board proceedings; application for authorization; competitor as party in interest and person aggrieved; judicial review

With respect to any proceeding before the Federal Reserve Board
wherein an applicant seeks authority to acquire a subsidiary which
is a bank under section 1842 of this title or to engage in an
activity otherwise prohibited under chapter 22 of this title, a
party who would become a competitor of the applicant or subsidiary
thereof by virtue of the applicant's or its subsidiary's
acquisition, entry into the business involved, or activity, shall
have the right to be a party in interest in the proceeding and, in
the event of an adverse order of the Board, shall have the right as
an aggrieved party to obtain judicial review thereof as provided in
section 1848 of this title or as otherwise provided by law.