FEDERAL · 12 U.S.C. · Chapter 2
Interstate consolidations and mergers
12 U.S.C. § 215a–1
This text of 12 U.S.C. § 215a–1 (Interstate consolidations and mergers) is published on Counsel Stack Legal Research, covering United States primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
12 U.S.C. § 215a–1.
Text
(a)In general
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 application
Subsection (a) 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)Definitions
The terms "home State" and "out-of-State bank" have the same meaning as in section 1831u(f) 1 of this title.
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Related
§ 1831u
12 U.S.C. § 1831u
Source Credit
History
(Nov. 7, 1918, ch. 209, §4, as added Pub. L. 103–328, title I, §102(b)(4)(D), Sept. 29, 1994, 108 Stat. 2351.)
Editorial Notes
Editorial Notes
References in Text
Section 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.
References in Text
Section 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.
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Bluebook (online)
12 U.S.C. § 215a–1, Counsel Stack Legal Research, https://law.counselstack.com/usc/12/215a–1.