12 U.S.C. 1841: Definitions

2010

• Pub. L. 111–203, §628, inserted ", other than credit card loans that are made to businesses that meet the criteria for a small business concern to be eligible for business loans under regulations established by the Small Business Administration under part 121 of title 13, Code… (Dodd-Frank Wall Street Reform and Consumer Protection Act) Law text · (c)
• Pub. L. 111–203, §354(1), substituted "appropriate Federal banking agency" for "Director of the Office of Thrift Supervision". (Dodd-Frank Wall Street Reform and Consumer Protection Act) Law text · (j)
• Pub. L. 111–203, §623(b)(2), added subpars. (D) and (E). (Dodd-Frank Wall Street Reform and Consumer Protection Act) Law text · (o), (E)

2006

• Pub. L. 109–351, §727(a)(1), struck out subpars. (I) and (J), which related to the Investors Fiduciary Trust Company, located in Kansas City, Missouri, and certain savings banks as defined by section 1831(g) of this title, respectively. (Financial Services Regulatory Relief Act of 2006) Law text · (c), (J)
• Pub. L. 109–351, §706, inserted before period at end ", unless the Board determines that such treatment is not appropriate in light of the facts and circumstances of the case and the purposes of this chapter". (Financial Services Regulatory Relief Act of 2006) Law text · (g)
• Pub. L. 109–173 substituted "Deposit Insurance Fund" for "Savings Association Insurance Fund". (Federal Deposit Insurance Reform Conforming Amendments Act of 2005) Law text · (j)
• Pub. L. 109–171 repealed Pub. L. 104–208, §2704(d)(17). See 1996 Amendment note below. (Deficit Reduction Act of 2005) Law text · (j)
• Pub. L. 109–351, §727(a)(2), substituted "(m) [Repealed]" for subsec. (m), which defined "qualified savings bank". (Financial Services Regulatory Relief Act of 2006) Law text · (m)

2004

• Pub. L. 108–386 struck out heading and text of par. (3). Text read as follows: "The term 'District bank' means any bank operating under the Code of Law for the District of Columbia". (2004 District of Columbia Omnibus Authorization Act) Law text · (c)

1999

• Pub. L. 106–102, §724, inserted "1 or more" before "thrift institutions". (Gramm-Leach-Bliley Act) Law text · (a)
• Pub. L. 106–102, §107(c), inserted ", or that is otherwise permissible for a bank controlled by a company described in section 1843(f)(1) of this title" before period at end of concluding provisions. (Gramm-Leach-Bliley Act) Law text · (c)
• Pub. L. 106–102, §103(c)(1)(A), inserted " 'depository institution'," after "the terms". (Gramm-Leach-Bliley Act) Law text · (n)
• Pub. L. 106–102, §119, substituted "section 38" for "section 38(b)". (Gramm-Leach-Bliley Act) Law text · (o)
• Pub. L. 106–102, §103(c)(1)(B), added subsecs. (p) and (q). (Gramm-Leach-Bliley Act) Law text · (p), (q)

1996

• Pub. L. 104–208, §2610(1), inserted ", and shall not include a qualified family partnership" after "by any State". (Magnuson-Stevens Fishery Conservation and Management Act) Law text · (b)
• Pub. L. 104–208, §2304(b), inserted ", including an institution that accepts collateral for extensions of credit by holding deposits under $100,000, and by other means" after "An institution" in introductory provisions. (Magnuson-Stevens Fishery Conservation and Management Act) Law text · (c)
• Pub. L. 104–208, §2207, struck out par. (3) which read as follows: "shares transferred after January 1, 1966, by any bank holding company (or by any company which, but for such transfer, would be a bank holding company) directly or indirectly to any transferee that is indebted to th… (Magnuson-Stevens Fishery Conservation and Management Act) Law text · (g)
• Pub. L. 104–208, §2704(d)(17), which directed substitution of "Deposit Insurance Fund" for "Savings Association Insurance Fund", was repealed by Pub. L. 109–171. See Effective Date of 1996 Amendment note below and 2006 Amendment note above. (Magnuson-Stevens Fishery Conservation and Management Act) Law text · (j)
• Pub. L. 104–208, §2208(b)(1), added heading and text of par. (1) and struck out heading and text of former par. (1). Text read as follows: "The term 'adequately capitalized' means a level of capitalization which meets or exceeds all applicable Federal regulatory capital standards." (Magnuson-Stevens Fishery Conservation and Management Act) Law text · (o)
• Pub. L. 104–208, §2208(b)(2), added pars. (8) and (9). (Magnuson-Stevens Fishery Conservation and Management Act) Law text · (o), (9)
• Pub. L. 104–208, §2610(2), added par. (10). (Magnuson-Stevens Fishery Conservation and Management Act) Law text · (o)

1994

• Pub. L. 103–328 added subsecs. (n) and (o). · (n), (o)

1989

• Pub. L. 101–73 amended subsec. (j) generally, substituting provisions defining "saving association" or "insured institution" for provisions defining "insured institution". · (j)

1987

• Pub. L. 100–86, §101(e), amended subpar. (E) generally. Prior to amendment, subpar. (E) read as follows: "No company is a bank holding company by virtue of its ownership or control of any State chartered bank or trust company which is wholly owned by thrift institutions and which… · (a)
• Pub. L. 100–86, §101(a)(1), amended subsec. (c) generally. Prior to amendment, subsec. (c) read as follows: " 'Bank' means any institution organized under the laws of the United States, any State of the United States, the District of Columbia, any territory of the United States, Puerto… · (c)
• Pub. L. 100–86, §205(a), added par. (2) and struck out former par. (2) which read as follows: "The prohibitions of section 1843 of this title shall not apply to shares of any company organized under the laws of a foreign country (or to shares held by such company in any company enga… · (h)
• Pub. L. 100–86, §205(a), added pars. (3) to (5). · (h)
• Pub. L. 100–86, §101(a)(2), amended subsec. (i) generally. Prior to amendment, subsec. (i) read as follows: "The term 'thrift institution' means (1) a domestic building and loan or savings and loan association, (2) a cooperative bank without capital stock organized and operated for mut… · (i)
• Pub. L. 100–86, §101(a)(3), added subsecs. (j) to (m). · (j), (k), (l), (m)

1982

• Pub. L. 97–320, §404(d)(1), inserted references to State chartered banks and national banking associations as being included in definition of "bank". · (c)
• Pub. L. 97–320, §333, excepted from term "bank" an institution the accounts of which are insured by the Federal Savings and Loan Insurance Corporation or an institution chartered by the Federal Home Loan Bank Board. · (c)
• Pub. L. 97–320, §118(b), added cl. (4). · (i)

1978

• Pub. L. 95–369 designated existing provisions as par. (1), substituted "Except as provided by paragraph (2), the application" for "The application"; struck out a proviso holding the prohibitions of section 1843 not applicable to shares of any company organized under the laws of a forei… · (h)

1977

• Pub. L. 95–188 authorized the Board to extend the time for disposition of acquired shares for not more than one year at a time and three years in the aggregate. · (a)

1970

• Pub. L. 91–607, §101(a), in revising the provisions, added par. (1) definition of bank holding company; incorporated provisions of former cl. (1) in provisions designated as par. (2)(A), inserting text respecting company acting through one or more other persons, substituting "power to … · (a)
• Pub. L. 91–607, §101(b), redefined term "company" to include "partnership", which has been expressly excluded, and inserted definition of "company covered in 1970". · (b)
• Pub. L. 91–607, §101(c), redefined term "bank" to mean any institution organized under Federal, State, District of Columbia, etc., laws, designated existing provisions as cl. (1), added cl. (2), and excepted from exclusion from such term an organization which does business within the U… · (c)
• Pub. L. 91–607, §101(d), added cl. (3). · (d)
• Pub. L. 91–607, §101(e), added subsec. (i). · (i)

1966

• Pub. L. 89–485, §1, struck out provision placing within the classification of bank holding company any company for the benefit of whose shareholders or members 25 per centum or more of the voting shares of each of two or more banks or a bank holding company is held by trustees, struck … · (a)
• Pub. L. 89–485, §2, exempted from definition of "company" any trust which by its terms must terminate within twenty-five years or not later than twenty-one years and ten months after the death of individuals living on the effective date of the trust, and struck out the exemption former… · (b)
• Pub. L. 89–485, §3, substituted "any institution that accepts deposits that the depositor has a legal right to withdraw on demand" for "any national banking institution or any state bank, savings bank, or trust company" in the definition of "bank" and extended the exemption for foreign… · (c)
• Pub. L. 89–485, §4, inserted provision relating to indirect ownership or control and the holding of power to vote to direct ownership or control as the methods by which the holding of 25 per centum or more of voting shares in a company will qualify that company as a subsidiary, and str… · (d)
• Pub. L. 89–485, §§5, 6, substituted provisions setting out treatment to be accorded shares owned or controlled by subsidiaries of bank holding companies, shares held or controlled by trustees for the benefit of companies, shareholders or members of companies, and employees of companies… · (g)
• Pub. L. 89–485, §6, added subsec. (h). · (h)