US LAWS, STATUTES & CODES ON-LINE

US Supreme Court Decisions On-Line | US Laws



§ 215b. —  Definitions.



[Laws in effect as of January 24, 2002]
[Document not affected by Public Laws enacted between
  January 24, 2002 and December 19, 2002]
[CITE: 12USC215b]

 
                       TITLE 12--BANKS AND BANKING
 
                        CHAPTER 2--NATIONAL BANKS
 
                SUBCHAPTER XVI--CONSOLIDATION AND MERGER
 
Sec. 215b. Definitions

    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 (except a national banking association located in 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, Sec. 7, formerly Sec. 3, as added Pub. L. 86-
230, Sec. 20, Sept. 8, 1959, 73 Stat. 465; renumbered Sec. 5, Pub. L. 
103-328, title I, Sec. 102(b)(4)(B), Sept. 29, 1994, 108 Stat. 2351; 
renumbered Sec. 7, Pub. L. 106-569, title XII, Sec. 1204(1), Dec. 27, 
2000, 114 Stat. 3033.)

                          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, Sec. 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.



chanrobles.com





ChanRobles Legal Resources:

ChanRobles On-Line Bar Review

ChanRobles Internet Bar Review : www.chanroblesbar.com

ChanRobles MCLE On-line

ChanRobles Lawnet Inc. - ChanRobles MCLE On-line : www.chanroblesmcleonline.com