12-U.S.C.-216A

§216A – Definitions

Pathway

Title 12 > Chapter 2 > Subchapter XVII > Section 216a

Details

• Reference: Section 216a
• Legend: §216A – Definitions
• USCode Year: 2013

Provision Content

For purposes of this subchapter—

(1) the term Comptroller means the Comptroller of the Currency;

(2) the term unclaimed property means any articles, items, assets, other property, or the proceeds thereof from safe deposit boxes or other safekeeping arrangements with closed national banks, which are in the possession, custody, or control of the Comptroller in its capacity as successor to receivers of those banks; and

(3) the term claimant means any person or entity, including a State under applicable statutory law, asserting a demonstrable legal interest in title to, or custody or possession of, unclaimed property.

(Pub. L. 96–221, title VII, §732, as added Pub. L. 97–320, title IV, §408, Oct. 15, 1982, 96 Stat. 1513; amended Pub. L. 109–351, title VII, §725(c)(2), Oct. 13, 2006, 120 Stat. 2001; Pub. L. 109–356, title I, §123(c)(2), Oct. 16, 2006, 120 Stat. 2029.)

Amendments

2006—Par. (2). Pub. L. 109–351 and 109–356 amended par. (2) identically, striking out or closed banks in the District of Columbia after closed national banks.

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.

Topic Map

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