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Fabio 76b8ec33a7 Legal corpus: the complete U.S. Code (59,740 sections, all 53 titles)
Ingested titles 12–51 and 54 from OLRC USLM XML @119-100 (the whole Code
now, uniform edition; Title 53 is reserved/empty). LegalText 11,221 ->
59,740; repo total 105,704 records. Deterministic (byte-identical rerun,
verified on Title 42's 8,356 sections); make check green. make
legal-us-code default now covers every title.

Co-Authored-By: Claude Opus 4.8 <noreply@anthropic.com>
2026-07-06 10:51:44 -04:00

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LegalText 12 U.S.C. § 216 Purpose us united_states_code code_section 12 BANKS AND BANKING 2 NATIONAL BANKS 216 12 U.S.C. § 216 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/s216 data/legal/raw/us/code/title-12/usc12.xml a314971094a4be888718c34f6bc04f38bdc7c427a3d444af463e5eb1b68bb686 e6b98700ef4156ac33fde5d105824845d727afa91a53f3762be2cf4d1a3b01fa 439843e4e8ac5ca1b2954c842d5c53aa63ffeaea2efcb6d9125b6f2482c2258d 2026-07-04 official
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12 U.S.C. § 216 - Purpose

Text

The purpose of this subchapter is to dispose of unclaimed property in the possession, custody, or control of the Comptroller of the Currency by—

(1) providing final notice of the availability of unclaimed property from closed national banks;

(2) barring rights of claimants to obtain such property from the Comptroller after a reasonable period of time following such notice; and

(3) authorizing the Comptroller to dispose of such property for which no claims have been filed and validated under this subchapter.

(Pub. L. 96221, title VII, § 731, as added Pub. L. 97320, title IV, § 408, Oct. 15, 1982, 96 Stat. 1513; amended Pub. L. 109351, title VII, § 725(c)(1), Oct. 13, 2006, 120 Stat. 2001; Pub. L. 109356, title I, § 123(c)(1), Oct. 16, 2006, 120 Stat. 2029.)

Notes

Editorial Notes

Amendments2006—Par. (1). Pub. L. 109351 and 109356 amended par. (1) identically, striking out “and closed banks in the District of Columbia” before semicolon at end.