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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. § 214 Definitions us united_states_code code_section 12 BANKS AND BANKING 2 NATIONAL BANKS 214 12 U.S.C. § 214 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/s214 data/legal/raw/us/code/title-12/usc12.xml a889e42374f5e966f1f6a9199cd12fea4d187bcc349d44476055f2479ebc22bd e6b98700ef4156ac33fde5d105824845d727afa91a53f3762be2cf4d1a3b01fa 89c73391d99721a5e94aac76e5d760c486436f908e1bdb0436b6bfaf9c417d03 2026-07-04 official
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12 U.S.C. § 214 - Definitions

Text

(a) As used in this subchapter and section 321 of this title the term “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, any Territory of the United States, Puerto Rico, or the Virgin Islands, or which is operating under the Code of Law for the District of Columbia.

(b) For purposes of merger or consolidation under this subchapter and section 321 of this title the term “national banking association” means one or more national banking associations, and the term “State bank” means one or more State banks.

(Aug. 17, 1950, ch. 729, § 1, 64 Stat. 455; Sept. 3, 1954, ch. 1263, § 24, 68 Stat. 1234; Pub. L. 109351, title VII, § 725(f), Oct. 13, 2006, 120 Stat. 2002; Pub. L. 109356, title I, § 123(f), Oct. 16, 2006, 120 Stat. 2029.)

Notes

Editorial Notes

Amendments2006—Subsec. (a). Pub. L. 109351 and 109356 amended subsec. (a) identically, striking out “(except a national banking association)” before period at end. 1954—Act Sept. 3, 1954, substituted “this subchapter and section 321 of this title” for “sections 214 to 214c, 264(e)(2), (i)(2), (v)(4), and 321 of this title” wherever appearing.

Statutory Notes and Related Subsidiaries

SeparabilityAct Aug. 17, 1950, ch. 729, § 9, 64 Stat. 458, provided that: “If any provision of this Act [enacting this subchapter and amending of sections 264 and 321 of this title], or the application thereof to any person or circumstance, is held invalid, the remainder of the Act and the application of such provision to other persons or circumstances shall not be affected thereby.”