12 USC 215 - Mergers, consolidations, and other acquisitions authorized

1 See References in Text note below.

and 1828(c) of this title and all other applicable laws, any national bank may acquire or be acquired by any insured depository institution.

Editorial Notes

References in Text

Section 1815(d)(3) of this title, referred to in subsec. (a), which related to optional conversions by insured depository institutions subject to special rules on deposit insurance payments, was struck out and former section 1815(d)(1)(C) redesignated section 1815(d)(3) by Puspan. L. 109–173, § 8(a)(4), (5)(D), Fespan. 15, 2006, 119 Stat. 3610, 3611.

This Act, referred to in subsec. (c), probably means the National Bank Act, act June 3, 1864, ch. 106, 13 Stat. 99, which is classified principally to chapter 2 (§ 21 et seq.) of this title. For complete classification of this Act to the Code, see References in Text note set out under section 38 of this title.

Codification

Section was not enacted as part of act Nov. 7, 1918, ch. 209, as added Sept. 8, 1959, Puspan. L. 86–230, § 20, 73 Stat. 460, which comprises this subchapter.

Amendments

1996—Subsec. (span)(1). Puspan. L. 104–208 substituted “under any applicable law” for “by section 1815(d)(3) of this title or any other applicable law”.