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12 U.S.C. § 221

Definitions

United States · Title 12 — BANKS AND BANKING · Status: effective

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Citation
12 U.S.C. § 221, Definitions, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/437228
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Full text

Wherever the word “bank” is used in this chapter, the word shall be held to include State bank, banking association, and trust company, except where national banks or Federal reserve banks are specifically referred to. For purposes of this chapter, a State bank includes any bank which is operating under the Code of Law for the District of Columbia. The terms “national bank” and “national banking association” used in this chapter shall be held to be synonymous and interchangeable. The term “member bank” shall be held to mean any national bank, State bank, or bank or trust company which has become a member of one of the Federal reserve banks. The term “board” shall be held to mean Board of Governors of the Federal Reserve System; the term “district” shall be held to mean Federal reserve district; the term “reserve bank” shall be held to mean Federal reserve bank; the term “the continental United States” means the States of the United States and the District of Columbia. The terms “bonds and notes of the United States”, “bonds and notes of the Government of the United States”, and “bonds or notes of the United States” used in this chapter shall be held to include certificates of indebtedness and Treasury bills issued under section 3104 of title 31.

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. The law that originally enacted this section predates the public laws loaded here, so only later amendments are listed.

  • Amended byPub. L. 97-258(H.R. 6128)1982-09-13
    A bill to revise, codify, and enact without substantive change certain general and permanent laws, related to money and finance, as title 31, United States Code, "Money and Finance".
    House: no recorded tallySenate: no recorded tally
  • Amended byPub. L. 109-351(S. 2856)2006-10-13
    Financial Services Regulatory Relief Act of 2006
    House: 417–0Senate: no recorded tally
  • Amended byPub. L. 109-356(H.R. 3508)2006-10-16
    2005 District of Columbia Omnibus Authorization Act
    House: no recorded tallySenate: no recorded tally