12-U.S.C.-214

§214 – Definitions

Pathway

Title 12 > Chapter 2 > Subchapter XV > Section 214

Details

• Reference: Section 214
• Legend: §214 – Definitions
• USCode Year: 2013

Provision Content

(a) As used in this subchapter and section 321 of this title the term State bank means any bank, banking association, trust company, savings bank (other than a mutual savings bank), or other banking institution which is engaged in the business of receiving deposits and which is incorporated under the laws of any State, any Territory of the United States, Puerto Rico, or the Virgin Islands, or which is operating under the Code of Law for the District of Columbia.

(b) For purposes of merger or consolidation under this subchapter and section 321 of this title the term national banking association means one or more national banking associations, and the term State bank means one or more State banks.

(Aug. 17, 1950, ch. 729, §1, 64 Stat. 455; Sept. 3, 1954, ch. 1263, §24, 68 Stat. 1234; Pub. L. 109–351, title VII, §725(f), Oct. 13, 2006, 120 Stat. 2002; Pub. L. 109–356, title I, §123(f), Oct. 16, 2006, 120 Stat. 2029.)

Amendments

2006—Subsec. (a). Pub. L. 109–351 and 109–356 amended subsec. (a) identically, striking out (except a national banking association) before period at end.

1954—Act Sept. 3, 1954, substituted this subchapter and section 321 of this title for sections 214 to 214c, 264(e)(2), (i)(2), (v)(4), and 321 of this title wherever appearing.

Separability

Act Aug. 17, 1950, ch. 729, §9, 64 Stat. 458, provided that: If any provision of this Act [enacting this subchapter and amending of sections 264 and 321 of this title], or the application thereof to any person or circumstance, is held invalid, the remainder of the Act and the application of such provision to other persons or circumstances shall not be affected thereby.

U.S. Encyclopedia of Law Coverage

12-U.S.C.-213 in the Legal Encyclopedia: Banking Law

In this entry about 12-U.S.C.-213, 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

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