2015 US Code
Title 12 - Banks and Banking (Sections 1 - 5710)
Chapter 2 - National Banks (Sections 21 - 216d)
Subchapter XVI - Consolidation and Merger (Sections 215 - 215c)
Sec. 215a-3 - Mergers and consolidations with subsidiaries and nonbank affiliates
| Publication Title | United States Code, 2012 Edition, Supplement 3, 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-3 - Mergers and consolidations with subsidiaries and nonbank affiliates |
| Contains | section 215a-3 |
| Date | 2015 |
| Laws In Effect As Of Date | January 3, 2016 |
| Positive Law | No |
| Disposition | standard |
| Source Credit | Nov. 7, 1918, ch. 209, §6, as added Pub. L. 106-569, title XII, §1206, Dec. 27, 2000, 114 Stat. 3034. |
| Statutes at Large Reference | 114 Stat. 3034 |
| Public and Private Law | Public Law 106-569 |
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Upon the approval of the Comptroller, a national bank may merge with one or more of its nonbank subsidiaries or affiliates.
(b) ScopeNothing in this section shall be construed—
(1) to affect the applicability of section 1828(c) of this title; or
(2) to grant a national bank any power or authority that is not permissible for a national bank under other applicable provisions of law.
(c) RegulationsThe Comptroller shall promulgate regulations to implement this section.
(Nov. 7, 1918, ch. 209, §6, as added Pub. L. 106–569, title XII, §1206, Dec. 27, 2000, 114 Stat. 3034.)
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