de novo branch

(C)For purposes of this paragraph, the term “de novo branch” means a branch of a State bank which— (i)is originally established by the State bank as a branch; and (ii)does not become a branch of such bank as a result of— (I)the acquisition by the bank of an insured depository institution or a branch of an insured depository institution; or (II)the conversion, merger, or consolidation of any such institution or branch.

Source

12 USC § 1828(d)(4)(C)


Scoping language

For purposes of this paragraph
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