12 U.S.C. § 1862 : US Code - Section 1862: Amount of investment in bank service company

Search 12 U.S.C. § 1862 : US Code - Section 1862: Amount of investment in bank service company

Notwithstanding any limitation or prohibition otherwise imposed
by any provision of law exclusively relating to banks or savings
associations, other than the limitation on the amount of investment
by a Federal savings association contained in section 1464(c)(4)(B)
of this title, an insured depository institution may invest not
more than 10 per centum of paid-in and unimpaired capital and
unimpaired surplus in a bank service company. No insured depository
institution shall invest more than 5 per centum of its total assets
in bank service companies.