12 U.S.C. § 5451 — Branching
submitted 16 years ago by Pub. L. 111-203 to r/title-12-BANKS-AND-BANKING · 129 words · no verdicts yet
A translation hasn’t been published for this section yet. The official text below is complete and authoritative.
Notwithstanding the Federal Deposit Insurance Act (12 U.S.C. 1811 et seq.), the Bank Holding Company Act of 1956 (12 U.S.C. 1841 et seq.), or any other provision of Federal or State* law, a savings association that becomes a bank may—
continue to operate any branch or agency that the savings association operated immediately before the savings association became a bank; and
establish, acquire, and operate additional branches and agencies at any location within any State in which the savings association operated a branch immediately before the savings association became a bank, if the law of the State in which the branch is located, or is to be located, would permit establishment of the branch if the bank were a State bank chartered by such State.
Source credit: (Pub. L. 111–203, title III, § 341, July 21, 2010, 124 Stat. 1540.)
- 2010Enacted · Pub. L. 111-203 · 124 Stat. 1540
A history note hasn’t been published yet. The record shows enactment by Pub. L. 111-203 on 2010-07-21.
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