12 CFR § 7.5003 - Composite authority to engage in electronic activities.

---
identifier: "/us/cfr/t12/s7.5003"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "12 CFR § 7.5003 - Composite authority to engage in electronic activities."
title_number: 12
title_name: "Banks and Banking"
section_number: "7.5003"
section_name: "Composite authority to engage in electronic activities."
chapter_name: "COMPTROLLER OF THE CURRENCY, DEPARTMENT OF THE TREASURY"
part_number: "7"
part_name: "ACTIVITIES AND OPERATIONS"
positive_law: false
currency: "2026-04-05"
last_updated: "2026-04-05"
format_version: "1.1.0"
generator: "[email protected]"
authority: "12 U.S.C. 1  25b, 29, 71, 71a, 92, 92a, 93, 93a, 95(b)(1), 371, 371d, 481, 484, 1462a, 1463, 1464, 1465, 1818, 1828, 3102(b), and 5412(b)(2)(B)."
regulatory_source: "61 FR 4862, Feb. 9, 1996, unless otherwise noted."
cfr_part: "7"
---


# 7.5003 Composite authority to engage in electronic activities.

Unless otherwise prohibited by Federal law, a national bank may engage in an electronic activity that is comprised of several component activities if each of the component activities is itself part of or incidental to the business of banking or is otherwise permissible under Federal law.