12-U.S.C.-202

§202 – Definitions

Pathway

Title 12 > Chapter 2 > Subchapter XIV > Section 202

Details

• Reference: Section 202
• Legend: §202 – Definitions
• USCode Year: 2013

Provision Content

As used in this subchapter, the term bank means any national banking association or any other financial institution chartered or licensed under Federal law and subject to the supervision of the Comptroller of the Currency; the term voluntary dissolution and liquidation means a transaction pursuant to section 181 of this title that involves the assumption of the banks insured deposit liabilities and the sale of the bank, or of control of the bank, as a going concern; and the term State means any State, Territory, or possession of the United States, and the Canal Zone.

(Mar. 9, 1933, ch. 1, title II, §202, 48 Stat. 2; Pub. L. 101–73, title VIII, §801, Aug. 9, 1989, 103 Stat. 441; Pub. L. 109–351, title VII, §725(b), Oct. 13, 2006, 120 Stat. 2001; Pub. L. 109–356, title I, §123(b), Oct. 16, 2006, 120 Stat. 2028.)

References in Text

For definition of Canal Zone, referred to in text, see section 3602(b) of Title 22, Foreign Relations and Intercourse.

Amendments

2006—Pub. L. 109–351 and 109–356 amended section identically, substituting means any national for means (1) any national and striking out , and (2) any bank or trust company located in the District of Columbia and operating under the supervision of the Comptroller of the Currency before first semicolon.

1989—Pub. L. 101–73, §801(1), in cl. (1), extended term bank to include any financial institution chartered or licensed under Federal law and subject to supervision of Comptroller of the Currency.

Pub. L. 101–73, §801(2), in cl. (2), inserted definition of term voluntary dissolution and liquidation.

U.S. Encyclopedia of Law Coverage

12-U.S.C.-183 in the Legal Encyclopedia: Banking Law

In this entry about 12-U.S.C.-183, find legal reference material, bibliographies and premiere content related to banking law in the American Encyclopedia of Law, presenting a comprehensive view of the United States banking law-specific issues, written by authorities in the field.

12-U.S.C.-198 in the Legal Encyclopedia: Credit Institutions

In this entry about 12-U.S.C.-198, find legal reference material, bibliographies and premiere content related to credit institutions in the American Encyclopedia of Law, presenting a comprehensive view of the United States credit institutions-specific issues, written by authorities in the field.

12-U.S.C.-196 in the Legal Encyclopedia: Banks

In this entry about 12-U.S.C.-196, find legal reference material, bibliographies and premiere content related to banks in the American Encyclopedia of Law, presenting a comprehensive view of the United States banks-specific issues, written by authorities in the field.

Topic Map

• Browse the Topic Map in relation with Title 12 (Banks And Banking) guided by subject interests.