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LegalText 12 U.S.C. § 215b Definitions us united_states_code code_section 12 BANKS AND BANKING 2 NATIONAL BANKS 215b 12 U.S.C. § 215b current 119-100 2026-06-26 official https://uscode.house.gov/download/releasepoints/us/pl/119/100/xml_usc12@119-100.zip /us/usc/t12/s215b data/legal/raw/us/code/title-12/usc12.xml 53e53df182371ac4a77fc4cdea840738a637bb5d0338b06b068930dbc00af004 e6b98700ef4156ac33fde5d105824845d727afa91a53f3762be2cf4d1a3b01fa e2e6fc91942a1e03a21ac4802adbb0bca5cc75be6507dfaa5bd9e1ca9dc3832e 2026-07-04 official
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12 U.S.C. § 215b - Definitions

Text

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. 86230, § 20, Sept. 8, 1959, 73 Stat. 465; renumbered § 5, Pub. L. 103328, title I, § 102(b)(4)(B), Sept. 29, 1994, 108 Stat. 2351; renumbered § 7, Pub. L. 106569, title XII, § 1204(1), Dec. 27, 2000, 114 Stat. 3033; amended Pub. L. 109351, title VII, § 725(e), Oct. 13, 2006, 120 Stat. 2002; Pub. L. 109356, title I, § 123(e), Oct. 16, 2006, 120 Stat. 2029.)

Notes

Editorial Notes

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. 86230.

Amendments2006—Par. (1). Pub. L. 109351 and 109356 amended par. (1) identically, striking out “(except a national banking association located in the District of Columbia)” before semicolon at end.