(a)As used in this subchapter and section
321 of this title the term “State bank” means any bank, banking association, trust company, savings bank (other than a mutual savings bank), or other banking institution which is engaged in the business of receiving deposits and which is incorporated under the laws of any State, any Territory of the United States, Puerto Rico, or the Virgin Islands, or which is operating under the Code of Law for the District of Columbia.
(b)For purposes of merger or consolidation under this subchapter and section
321 of this title the term “national banking association” means one or more national banking associations, and the term “State bank” means one or more State banks.
2006—Subsec. (a). Pub. L. 109–351and 109–356 amended subsec. (a) identically, striking out “(except a national banking association)” before period at end.
1954—Act Sept. 3, 1954, substituted “this subchapter and section
321 of this title” for “sections
264(e)(2), (i)(2), (v)(4), and
321 of this title” wherever appearing.
Act Aug. 17, 1950, ch. 729, § 9,64 Stat. 458, provided that: “If any provision of this Act [enacting this subchapter and amending of sections
321 of this title], or the application thereof to any person or circumstance, is held invalid, the remainder of the Act and the application of such provision to other persons or circumstances shall not be affected thereby.”
The table below lists the classification updates, since Jan. 3, 2012, for this section. Updates to a broader range of sections may be found at the update page for containing chapter, title, etc.
The most recent Classification Table update that we have noticed was Tuesday, August 13, 2013
An empty table indicates that we see no relevant changes listed in the classification tables. If you suspect that our system may be missing something, please double-check with the Office of the Law Revision Counsel.
Description of Change
Statutes at Large
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