12 U.S.C. § 1
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- § 216d
§ 215a–1. Interstate consolidations and mergers
- (a) A national bank may engage in a consolidation or merger under this subchapter with an out-of-State bank if the consolidation or merger is approved pursuant to section 1831u of this title .
- (b) Subsection (a) shall not apply with respect to any consolidation or merger before June 1, 1997 , unless the home State of each bank involved in the transaction has in effect a law described in section 1831u(a)(3) of this title .
- (c) The terms “home State” and “out-of-State bank” have the same meaning as in section 1831u(f) 1 1 See References in Text note below. of this title.
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