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12 U.S.C. § 3

Title 12 Chapter 2 Current through PL 116-220 ~1 min read Last updated: March 30, 2026 View on OLRC →
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§ 215a–3. Mergers and consolidations with subsidiaries and nonbank affiliates

  • (a) Upon the approval of the Comptroller, a national bank may merge with one or more of its nonbank subsidiaries or affiliates.
  • (b) Nothing in this section shall be construed—
    • (1) to affect the applicability of section 1828(c) of this title ; or
    • (2) to grant a national bank any power or authority that is not permissible for a national bank under other applicable provisions of law.
  • (c) The Comptroller shall promulgate regulations to implement this section.

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