73 FR 87 pg. 24597 - Notice of Proposals to Engage in Permissible Nonbanking Activities or to Acquire Companies that are Engaged in Permissible Nonbanking Activities
Type: NOTICEVolume: 73Number: 87Page: 24597
FR document: [FR Doc. E8-9842 Filed 5-2-08; 8:45 am]
Agency: Federal Reserve System
Official PDF Version: PDF Version
FEDERAL RESERVE SYSTEM
Notice of Proposals to Engage in Permissible Nonbanking Activities or to Acquire Companies that are Engaged in Permissible Nonbanking Activities
The companies listed in this notice have given notice under section 4 of the Bank Holding Company Act (12 U.S.C. 1843) (BHC Act) and Regulation Y (12 CFR Part 225) to engage de novo , or to acquire or control voting securities or assets of a company, including the companies listed below, that engages either directly or through a subsidiary or other company, in a nonbanking activity that is listed in § 225.28 of Regulation Y (12 CFR 225.28) or that the Board has determined by Order to be closely related to banking and permissible for bank holding companies. Unless otherwise noted, these activities will be conducted throughout the United States.
Each notice is available for inspection at the Federal Reserve Bank indicated. The notice also will be available for inspection at the offices of the Board of Governors. Interested persons may express their views in writing on the question whether the proposal complies with the standards of section 4 of the BHC Act. Additional information on all bank holding companies may be obtained from the National Information Center website at www.ffiec.gov/nic/ .
Unless otherwise noted, comments regarding the applications must be received at the Reserve Bank indicated or the offices of the Board of Governors not later than May 19, 2008.
A. Federal Reserve Bank of Dallas (W. Arthur Tribble, Vice President) 2200 North Pearl Street, Dallas, Texas 75201-2272:
1. Live Oak Bancshares Corporation, George West, Texas; to invest 75.5 percent in Forehand Title Management LLC, George West, Texas, and thereby indirectly engage in the sale of title insurance in a town of less than 5000, pursuant to section 225.28(b)(11)(iii)(A) of Regulation Y; real estate settlement servicing pursuant to section 225.28(b)(2)(viii) of Regulation Y; and real estate title abstracting services pursuant to The First National Company, 81 Federal Reserve Bulletin 805 (1995).
Board of Governors of the Federal Reserve System, April 30, 2008.
Robert deV. Frierson,
Deputy Secretary of the Board.
[FR Doc. E8-9842 Filed 5-2-08; 8:45 am]
BILLING CODE 6210-01-S