12 U.S.C. § 5451 | Branching

12 U.S.C. 1811 12 U.S.C. 1841Notwithstanding the Federal Deposit Insurance Act ( et seq.), the Bank Holding Company Act of 1956 ( et seq.), or any other provision of Federal or State law, a savings association that becomes a bank may—

(1)

continue to operate any branch or agency that the savings association operated immediately before the savings association became a bank; and

(2)

establish, acquire, and operate additional branches and agencies at any location within any State in which the savings association operated a branch immediately before the savings association became a bank, if the law of the State in which the branch is located, or is to be located, would permit establishment of the branch if the bank were a State bank chartered by such State.

Pub. L. 111–203, title III, § 341July 21, 2010124 Stat. 1540 (, , .)

Editorial Notes

References in Text

act Sept. 21, 1950, ch. 967, § 2 64 Stat. 873 section 1811 of this titleThe Federal Deposit Insurance Act, referred to in text, is , , which is classified generally to chapter 16 (§ 1811 et seq.) of this title. For complete classification of this Act to the Code, see Short Title note set out under and Tables.

act May 9, 1956, ch. 240 70 Stat. 133 section 1841 of this titleThe Bank Holding Company Act of 1956, referred to in text, is , , which is classified principally to chapter 17 (§ 1841 et seq.) of this title. For complete classification of this Act to the Code, see Short Title note set out under and Tables.

Statutory Notes and Related Subsidiaries

Effective Date

July 21, 2010section 4 of Pub. L. 111–203 section 5301 of this titleSection effective 1 day after , except as otherwise provided, see , set out as a note under .