12 U.S.C. § 3902 | Definitions

For purposes of this chapter—

(1)

section 1813(q) of this title the term “appropriate Federal banking agency” has the same meaning given such term in , except that for purposes of this chapter such term means the Board of Governors of the Federal Reserve System for—

(A)

bank holding companies and any nonbank subsidiary thereof;

(B)

1 See References in Text note below.

12 U.S.C. 611 Edge Act corporations organized under section 25(a)  of the Federal Reserve Act [ et seq.]; and

(C)

12 U.S.C. 601 Agreement Corporations operating under section 25 of the Federal Reserve Act [ et seq.]; and

(2)

the term “banking institution” means—

(A)

(i)

section 1813(h) of this title an insured bank as defined in or any subsidiary of an insured bank;

(ii)

¹12 U.S.C. 611 an Edge Act corporation organized under section 25(a)  of the Federal Reserve Act [ et seq.]; and

(iii)

12 U.S.C. 601 an Agreement Corporation operating under section 25 of the Federal Reserve Act [ et seq.]; and

(B)

12 U.S.C. 3101 to the extent determined by the appropriate Federal banking agency, any agency or branch of a foreign bank, and any commercial lending company owned or controlled by one or more foreign banks or companies that control a foreign bank as those terms are defined in the International Banking Act of 1978 [ et seq.]. The term “banking institution” shall not include a foreign bank.

Pub. L. 98–181, title INov. 30, 198397 Stat. 1278( [title IX, § 903], , .)

Editorial Notes

References in Text

Pub. L. 102–242, title I, § 142(e)(2)Dec. 19, 1991105 Stat. 2281Section 25(a) of the Federal Reserve Act, referred to in pars. (1) and (2)(A), which is classified to subchapter II (§ 611 et seq.) of chapter 6 of this title, was renumbered section 25A of that act by , , . Section 25 of the Federal Reserve Act is classified to subchapter I (§ 601 et seq.) of chapter 6 of this title.

Pub. L. 95–369Sept. 17, 197892 Stat. 607 section 3101 of this title section 3101 of this titleThe International Banking Act of 1978, referred to in par. (2)(B), is , , , which enacted chapter 32 (§ 3101 et seq.) and sections 347d and 611a of this title, amended sections 72, 378, 614, 615, 618, 619, 1813, 1815, 1817, 1818, 1820, 1821, 1822, 1823, 1828, 1829b, 1831b, and 1841 of this title, and enacted provisions set out as notes under sections 247, 611a, and 3101 of this title and formerly set out as notes under sections 36, 247, and 601 of this title. For definitions, see . For complete classification of this Act to the Code, see Short Title note set out under and Tables.