12-U.S.C.-215B

12-U.S.C.-215B

§215B – Definitions

Pathway

Title 12 > Chapter 2 > Subchapter XVI > Section 215b

Details

  • Reference: Section 215b
  • Legend: §215B – Definitions
  • USCode Year: 2013

Provision Content

As used in this subchapter, the term—

(1) 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, or which is operating under the Code of Law for the District of Columbia;

(2) State means the several States and Territories, the Commonwealth of Puerto Rico, the Virgin Islands, and the District of Columbia;

(3) Comptroller means the Comptroller of the Currency; and

(4) Receiving association means the national banking association into which one or more national banking associations or one or more State banks, located within the same State, merge.

(Nov. 7, 1918, ch. 209, §7, formerly §3, as added Pub. L. 86–230, §20, Sept. 8, 1959, 73 Stat. 465; renumbered §5, Pub. L. 103–328, title I, §102(b)(4)(B), Sept. 29, 1994, 108 Stat. 2351; renumbered §7, Pub. L. 106–569, title XII, §1204(1), Dec. 27, 2000, 114 Stat. 3033; amended Pub. L. 109–351, title VII, §725(e), Oct. 13, 2006, 120 Stat. 2002; Pub. L. 109–356, title I, §123(e), Oct. 16, 2006, 120 Stat. 2029.)

Codification

Provisions similar to those comprising this section were contained in section 5 of act Nov. 7, 1918, ch. 209, as added July 14, 1952, ch. 722, §1, 66 Stat. 601 (formerly classified to section 34c of this title), prior to the complete amendment and renumbering of act Nov. 7, 1918, by Pub. L. 86–230.

Amendments

2006—Par. (1). Pub. L. 109–351 and 109–356 amended par. (1) identically, striking out (except a national banking association located in the District of Columbia) before semicolon at end.

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.-215A-1 in the Legal Encyclopedia: Credit Institutions

In this entry about 12-U.S.C.-215A-1, 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.

Subchapter XVI – Consolidation and Merger in the Legal Encyclopedia: Banks

In this entry about Subchapter XVI – Consolidation and Merger, 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.

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