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12 U.S.C. § 2502Definitions

submitted 52 years ago by Pub. L. 93-495 to r/title-12-BANKS-AND-BANKING · 83 words · no verdicts yet

in plain englishAI-generated · not legal advice

A translation hasn’t been published for this section yet. The official text below is complete and authoritative.

the actual law source: uscode.house.gov ↗public domain

As used in this chapter—

(1)

“banking organization” means any bank, trust company, savings bank, safe deposit company, or a private banker engaged in business in the United States;

(2)

“business association” means any corporation (other than a public corporation), joint stock company, business trust, partnership, or any association for business purposes of two or more individuals; and

(3)

“financial organization” means any savings and loan association, building and loan association, credit union, or investment company engaged in business in the United States.

Source credit: (Pub. L. 93–495, title VI, § 602, Oct. 28, 1974, 88 Stat. 1525.)

history & why it existsrecord from the source credit
  • 1974Enacted · Pub. L. 93-495 · 88 Stat. 1525

A history note hasn’t been published yet. The record shows enactment by Pub. L. 93-495 on 1974-10-28.

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