12 U.S.C. § 215a-3 - Mergers and consolidations with subsidiaries and nonbank affiliates

Cite as:12 U.S.C. § 215a-3
Currency:Current through P.L. 116-21 (6/12/2019)
 
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(a) In general

Upon the approval of the Comptroller, a national bank may merge with one or more of its nonbank subsidiaries or affiliates.

(b) Scope

Nothing in this section shall be construed-

(1) to affect the applicability of section 1828(c) of this title; or

(2) to grant a national bank any power or authority that is not permissible for a national bank under other applicable provisions of law.

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