1994 US Code
Title 12 - BANKS AND BANKING
CHAPTER 2 - NATIONAL BANKS
SUBCHAPTER XVI - CONSOLIDATION AND MERGER
Sec. 215a-1 - Interstate consolidations and mergers
View Metadata| Publication Title | United States Code, 1994 Edition, Title 12 - BANKS AND BANKING |
| Category | Bills and Statutes |
| Collection | United States Code |
| SuDoc Class Number | Y 1.2/5: |
| Contained Within | Title 12 - BANKS AND BANKING CHAPTER 2 - NATIONAL BANKS SUBCHAPTER XVI - CONSOLIDATION AND MERGER Sec. 215a-1 - Interstate consolidations and mergers |
| Contains | section 215a-1 |
| Date | 1994 |
| Laws in Effect as of Date | January 4, 1995 |
| Positive Law | No |
| Disposition | standard |
| Source Credit | Nov. 7, 1918, ch. 209, §4, as added Sept. 29, 1994, Pub. L. 103-328, title I, §102(b)(4)(D), 108 Stat. 2351. |
| Statutes at Large Reference | 108 Stat. 2351 |
| Public Law Reference | Public Law 103-328 |
§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 applicationSubsection (a) of this section 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) DefinitionsThe terms “home State” and “out-of-State bank” have the same meaning as in section 1831u(f) of this title.
(Nov. 7, 1918, ch. 209, §4, as added Sept. 29, 1994, Pub. L. 103–328, title I, §102(b)(4)(D), 108 Stat. 2351.)
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