12 CFR § 211.7 - Voluntary liquidation of Edge and agreement corporations.

---
identifier: "/us/cfr/t12/s211.7"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "12 CFR § 211.7 - Voluntary liquidation of Edge and agreement corporations."
title_number: 12
title_name: "Banks and Banking"
section_number: "211.7"
section_name: "Voluntary liquidation of Edge and agreement corporations."
chapter_name: "FEDERAL RESERVE SYSTEM"
subchapter_number: "A"
subchapter_name: "BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM"
part_number: "211"
part_name: "INTERNATIONAL BANKING OPERATIONS (REGULATION K)"
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. 221  1818, 1835a, 1841  3101  3901  and 5101  15 U.S.C. 1681s, 1681w, 6801 and 6805."
cfr_part: "211"
---


# 211.7 Voluntary liquidation of Edge and agreement corporations.

(a) *Prior notice.* An Edge or agreement corporation desiring voluntarily to discontinue normal business and dissolve, shall provide the Board with 45 days' prior written notice of its intent to do so.

(b) *Waiver of notice period.* The Board may waive the 45-day period if it finds that immediate action is required by the circumstances presented.