Statute · United States Code

12 U.S.C. § 2502 — Definitions

12 U.S.C. § 2502

Type
Statute
Source
United States Code
Jurisdiction
Federal
Date
2025-01-06
Topic
bankruptcy

As used in this chapter— (1) "banking organization" means any bank, trust company, savings bank, safe deposit company, or a private banker engaged in business in the United States; (2) "business association" means any corporation (other than a public corporation), joint stock company, business trust, partnership, or any association for business purposes of two or more individuals; and (3) "financial organization" means any savings and loan association, building and loan association, credit union, or investment company engaged in business in the United States.

As used in this chapter— (1) "banking organization" means any bank, trust company, savings bank, safe deposit company, or a private banker engaged in business in the United States; (2) "business association" means any corporation (other than a public corporation), joint stock company, business trust, partnership, or any association for business purposes of two or more individuals; and (3) "financial organization" means any savings and loan association, building and loan association, credit union, or investment company engaged in business in the United States.