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12 U.S.C. § 1462

Title 12 Chapter 12 Current through PL 119-73 Last updated: March 29, 2026 View on OLRC →
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§ 1462. Definitions

For purposes of this chapter—

  • (1) The term “Corporation” means the Federal Deposit Insurance Corporation.
  • (2) The term “savings association” means a savings association, as defined in section 3 of the Federal Deposit Insurance Act [ 12 U.S.C. 1813 ], the deposits of which are insured by the Corporation.
  • (3) The term “Federal savings association” means a Federal savings association or a Federal savings bank chartered under section 1464 of this title .
  • (4) The term “national bank” has the same meaning as in section 3 of the Federal Deposit Insurance Act [ 12 U.S.C. 1813 ].
  • (5) The term “Federal banking agencies” means the Office of the Comptroller of the Currency, the Board of Governors of the Federal Reserve System, and the Federal Deposit Insurance Corporation.
  • (6) The term “State” has the same meaning as in section 3 of the Federal Deposit Insurance Act [ 12 U.S.C. 1813 ].
  • (7) The term “affiliate” means any person that controls, is controlled by, or is under common control with, a savings association, except as provided in section 1467a of this title .
  • (8) The term “Board”, other than in the context of the Board of Directors of the Corporation, means the Board of Governors of the Federal Reserve System.
  • (9) The term “Comptroller” means the Comptroller of the Currency.
  • (10) The term “appropriate Federal banking agency” has the same meaning as in section 3(q) of the Federal Deposit Insurance Act ( 12 U.S.C. 1813(q) ).
  • (11) The term “functionally regulated subsidiary” has the same meaning as in section 5(c)(5) of the Bank Holding Company Act of 1956 ( 12 U.S.C. 1844(c)(5) ).

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