11 U.S.C. § 781 — Definitions

For purposes of this subchapter, the following definitions shall apply: (1) Board .— The term “Board” means the Board of Governors of the Federal Reserve System. (2) Depository institution .— The term “depository institution” has the same meaning as in section 3 of the Federal Deposit Insurance Act. (3) Clearing bank .— The term “clearing bank” means an uninsured State member bank^*, or a corporation^* organized under section 25A of the Federal Reserve Act, which operates, or operates as, a multilateral clearing organization pursuant to section 409 1 of the Federal Deposit Insurance Corporation Improvement Act of 1991.