Wherever the word “bank” is used in this chapter, the word shall be held to include State bank, banking association, and trust company, except where national banks or Federal reserve banks are specifically referred to. For purposes of this chapter, a State bank includes any bank which is operating under the Code of Law for the District of Columbia.
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Stable record: federal_law:legal_authorities:record_usc_19d2de99de7ec8662324f08b Source file: Laws/federal/codes/united-states-code/title-12/section-221-definitions--f6aafbf53c.md Pages: Not recorded – Not recorded Passage SHA-256: 02a250019a767c4d4f6e76ad788b515ed5518b2a82d43732824bf01312d34326 Retained source evidence SHA-256: 218bc07944696c239a0e9f38f3e8105be04c0a486edeb0fdc0104b572f9b3bc1
Source location: Title 12, Chapter 3, § 221; chapter-003-federal-reserve-system.md
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Wherever the word “bank” is used in this chapter, the word shall be held to include State bank, banking association, and trust company, except where national banks or Federal reserve banks are specifically referred to. For purposes of this chapter, a State bank includes any bank which is operating under the Code of Law for the District of Columbia.
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Federal law — U.S. Code and appendices · legal_authorities
§ 221. Definitions
Wherever the word ‘‘bank’’ is used in this
chapter, the word shall be held to include State
bank, banking association, and trust company,
except where national banks or Federal reserve
banks are specifically referred to. For purposes
of this chapter, a State bank includes any bank
which is operating under the Code of Law for the
District of Columbia.
The terms ‘‘national bank’’ and ‘‘national
banking association’’ used in this chapter shall
be held to be synonymous and interchangeable.
The term ‘‘member bank’’ shall be held to mean
any national bank, State bank, or bank or trust
company which has become a member of one of
the Federal reserve banks. The term ‘‘board’’
shall be held to mean Board of Governors of the
Federal Reserve System; the term ‘‘district’’
shall be held to mean Federal reserve district;
the term ‘‘reserve bank’’ shall be held to mean
Federal reserve bank; the term ‘‘the continental
United States’’ means the States of the United
States and the District of Columbia.
The terms ‘‘bonds and notes of the United
States’’, ‘‘bonds and notes of the Government of
the United States’’, and ‘‘bonds or notes of the
United States’’ used in this chapter shall be held
to include certificates of indebtedness and
Treasury bills issued under section 3104 of title
31.
(Dec. 23, 1913, ch. 6, § 1 (pars.), 38 Stat. 251; Aug.
23, 1935, ch. 614, title II, § 203(a), 49 Stat. 704; Pub.
Page 84
TITLE 12—BANKS AND BANKING
§ 221a
1 Capitalized as in original.
L. 86–70, § 8(a), June 25, 1959, 73 Stat. 142; Pub. L.
97–258, § 2(c), Sept. 13, 1982, 96 Stat. 1058; Pub. L.
109–351, title VII, § 725(a)(1), Oct. 13, 2006, 120
Stat. 2001; Pub. L. 109–356, title I, § 123(a)(1), Oct.
16, 2006, 120 Stat. 2028.)
Editorial Notes
REFERE