2016 US Code
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

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Citation 12 U.S.C. § 215a-3 (2016)
Section Name §215a–3. Mergers and consolidations with subsidiaries and nonbank affiliates
Section Text (a) In general

Upon the approval of the Comptroller, a national bank may merge with one or more of its nonbank subsidiaries or affiliates.

(b) Scope

Nothing 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) Regulations

The Comptroller shall promulgate regulations to implement this section.

Source Credit

(Nov. 7, 1918, ch. 209, §6, as added Pub. L. 106–569, title XII, §1206, Dec. 27, 2000, 114 Stat. 3034.)

Publication Title United States Code, 2012 Edition, Supplement 4, 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 2016
Laws In Effect As Of Date January 6, 2017
Positive Law No
Disposition standard
Statutes at Large Reference 114 Stat. 3034
Public Law References Public Law 106-569
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