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12 U.S.C. · Banks and Banking
12 U.S.C. § 215a1

Interstate consolidations and mergers

Ch. 2 — NATIONAL BANKS
Title 12 U.S.C. ● ACTIVE Primary Source Ch. 2
Statutory Text

12 U.S.C. § 215a1 — Interstate consolidations and mergers

U.S.C. Title 12 - BANKS AND BANKING 12 U.S.C. United States Code, 2023 Edition Title 12 - BANKS AND BANKING CHAPTER 2 - NATIONAL BANKS SUBCHAPTER XVI - CONSOLIDATION AND MERGER Sec. 215a-1 - Interstate consolidations and mergers From the U.S. Government Publishing Office, www.gpo.gov

§215a–1. Interstate consolidations and mergers

(a) In general A national bank may engage in a consolidation or merger under this subchapter with an out-of-State bank if the consolidation or merger is approved pursuant to section 1831u of this title. (b) Scope of application Subsection (a) shall not apply with respect to any consolidation or merger before June 1, 1997, unless the home State of each bank involved in the transaction has in effect a law described in section 1831u(a)(3) of this title. (c) Definitions The terms "home State" and "out-of-State bank" have the same meaning as in section 1831u(f) 1 of this title.

(Nov. 7, 1918, ch. 209, §4, as added Pub. L. 103–328, title I, §102(b)(4)(D), Sept. 29, 1994, 108 Stat. 2351.)

Editorial Notes

References in Text Section 1831u of this title, referred to in subsec. (c), was subsequently amended, and subsec. (f) of section 1831u no longer defines the terms "home State" and "out-of-State bank". However, such terms are defined elsewhere in that section.

1 See References in Text note below.

Source: uscode.house.gov — public domain Official Source ↗
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The statutory text of 12 U.S.C. § 215a1 is reproduced from the official United States Code as published by the Office of the Law Revision Counsel of the U.S. House of Representatives (uscode.house.gov).
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← 12 U.S.C. § 215a 12 U.S.C. § 215a2 →
Ch. 2 — NATIONAL BANKS
12 U.S.C. § 2112 U.S.C. § 21a12 U.S.C. § 2212 U.S.C. § 2312 U.S.C. § 2412 U.S.C. § 24a12 U.S.C. § 2512 U.S.C. § 25a12 U.S.C. § 25b12 U.S.C. § 2612 U.S.C. § 2712 U.S.C. § 2812 U.S.C. § 2912 U.S.C. § 3012 U.S.C. § 3112 U.S.C. § 3212 U.S.C. § 3312 U.S.C. § 3512 U.S.C. § 3612 U.S.C. § 3712 U.S.C. § 3812 U.S.C. § 3912 U.S.C. § 4012 U.S.C. § 4112 U.S.C. § 4212 U.S.C. § 4312 U.S.C. § 5112 U.S.C. § 51a12 U.S.C. § 51b12 U.S.C. § 51b1
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