2013 US Code
Title 12 - Banks and Banking
Chapter 2 - NATIONAL BANKS (§§ 21 - 216d)
Subchapter XVI - CONSOLIDATION AND MERGER (§§ 215 - 215c)
Section 215a-1 - Interstate consolidations and mergers
| Publication Title | United States Code, 2012 Edition, Supplement 1, 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 | 2013 |
| Laws in Effect as of Date | January 16, 2014 |
| Positive Law | No |
| Disposition | standard |
| Source Credit | Nov. 7, 1918, ch. 209, §4, as added Pub. L. 103-328, title I, §102(b)(4)(D), Sept. 29, 1994, 108 Stat. 2351. |
| Statutes at Large Reference | 108 Stat. 2351 |
| Public Law Reference | Public Law 103-328 |
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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) 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.)
REFERENCES IN TEXTSection 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.
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