StacksVerified U.S. federal law reference

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

Verified against govinfo.gov as of June 20, 2026View official text on govinfo.gov ↗
  1. (a)In generalUpon the approval of the Comptroller, a national bank may merge with one or more of its nonbank subsidiaries or affiliates.
  2. (b)ScopeNothing in this section shall be construed—
    1. (1)to affect the applicability of section 1828(c) of this title; or
    2. (2)to grant a national bank any power or authority that is not permissible for a national bank under other applicable provisions of law.
  3. (c)RegulationsThe Comptroller shall promulgate regulations to implement this section.