Federal · Title 12 — Banks and Banking
12 U.S.C. § 215a: Interstate consolidations and mergers
Read the full statutory text
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 . 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 . The terms “home State” and “out-of-State bank” have the same meaning as in section 1831u(f) 1 of this title. 1 See References in Text note below.
Verify at the official source: Federal legislative text
Facing this? Know exactly what happens next.
MOFRD turns this code section into your situation: the deadlines that apply to you, the forms your county uses, and the resolution paths people in your position actually take. Free for 3 days — no card required.
This page is legal information, not legal advice. Code text is sourced from official publications and may lag amendments — always confirm at the official source linked above. Plain-English summaries and relationship data are AI-derived and reviewed on an ongoing basis; verify with a licensed attorney before acting.