§ 30. — Change of name or location.
[Laws in effect as of January 24, 2002]
[Document not affected by Public Laws enacted between
January 24, 2002 and December 19, 2002]
[CITE: 12USC30]
TITLE 12--BANKS AND BANKING
CHAPTER 2--NATIONAL BANKS
SUBCHAPTER I--ORGANIZATION AND GENERAL PROVISIONS
Sec. 30. Change of name or location
(a) Name change
Any national banking association, upon written notice to the
Comptroller of the Currency, may change its name, except that such new
name shall include the word ``National''.
(b) Location change
Any national banking association, upon written notice to the
Comptroller of the Currency, may change the location of its main office
to any authorized branch location within the limits of the city, town,
or village in which it is situated, or, with a vote of shareholders
owning two-thirds of the stock of such association for a relocation
outside such limits and upon receipt of a certificate of approval from
the Comptroller of the Currency, to any other location within or outside
the limits of the city, town, or village in which it is located, but not
more than thirty miles beyond such limits.
(c) Coordination with section 36 of this title
In the case of a national bank which relocates the main office of
such bank from 1 State to another State after May 31, 1997, the bank may
retain and operate branches within the State from which the bank
relocated such office only to the extent authorized in section 36(e)(2)
of this title.
(d) Retention of ``Federal'' in name of converted Federal savings
association
(1) In general
Notwithstanding subsection (a) of this section or any other
provision of law, any depository institution, the charter of which
is converted from that of a Federal savings association to a
national bank or a State bank after November 12, 1999, may retain
the term ``Federal'' in the name of such institution if such
institution remains an insured depository institution.
(2) Definitions
For purposes of this subsection, the terms ``depository
institution'', ``insured depository institution'', ``national
bank'', and ``State bank'' have the meanings given those terms in
section 1813 of this title.
(May 1, 1886, ch. 73, Sec. 2, 24 Stat. 18; Pub. L. 86-230, Sec. 3, Sept.
8, 1959, 73 Stat. 457; Pub. L. 97-320, title IV, Sec. 405(a), Oct. 15,
1982, 96 Stat. 1512; Pub. L. 97-457, Sec. 19(a), Jan. 12, 1983, 96 Stat.
2509; Pub. L. 103-328, title I, Sec. 102(b)(2), Sept. 29, 1994, 108
Stat. 2350; Pub. L. 106-102, title VII, Sec. 723, Nov. 12, 1999, 113
Stat. 1471.)
Amendments
1999--Subsec. (d). Pub. L. 106-102 added subsec. (d).
1994--Subsec. (c). Pub. L. 103-328 added subsec. (c).
1983--Subsec. (b). Pub. L. 97-457 inserted ``for a relocation
outside such limits'' after ``stock of such association''.
1982--Pub. L. 97-320 designated existing provisions as subsec. (a),
substituted provisions permitting a change of name upon written notice
to the Comptroller, such new name to include ``National'', for
provisions permitting a change of name or location of the main office,
with approval of the Comptroller, within city limits, etc., or outside
such limits by vote of shareholders, such change to be validated by
certificate of approval, and added subsec. (b).
1959--Pub. L. 86-230 required approval of Comptroller of the
Currency before a national bank could change location of its main office
within the limitations of the city, town, or village in which it is
situated.
Exception as to Transfer of Functions
Functions vested by any provision of law in Comptroller of the
Currency, referred to in this section, not included in transfer of
functions to Secretary of the Treasury, see note set out under section 1
of this title.
