12 U.S.C. § 215a–1
Interstate consolidations and mergers
United States · Title 12 — BANKS AND BANKING · Status: effective
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- Citation
- 12 U.S.C. § 215a–1, Interstate consolidations and mergers, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/437215
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Full 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) 11 See References in Text note below. of this title.
Legislative history
The public laws that enacted or amended this section. Tallies are for the whole bill as it passed each chamber — often an omnibus covering far more than this provision — not a vote on this section alone.
- Riegle-Neal Interstate Banking and Branching Efficiency Act of 1994House: no recorded tallySenate: 94–4