WHAT THE LAW DOINCongress, in plain words

The law › Title 12, Banks and Banking › Chapter 2

12 U.S.C. 36: Branch banks

Created in 1962 by Public Law 87-721. Changed by 4 later laws. No bill we track in this Congress changes it.

6 other sections of the Code cite this one, including 12 U.S.C. 30, 12 U.S.C. 43, 12 U.S.C. 81, 12 U.S.C. 93a, 12 U.S.C. 1820.

2 parts of federal rules cite it as their authority, written by Comptroller of the Currency, Department of the Treasury (1), Federal Reserve System (1).

This Congress

No bill we track in the 119th Congress changes this section.

    How it got here

    2010

    • Pub. L. 111–203 amended subpar. (A) generally. Prior to amendment, subpar. (A) read as follows: "there is in effect in the host State a law that— (Dodd-Frank Wall Street Reform and Consumer Protection Act) Law text · (g)

    1997

    • Pub. L. 105–24 added subpar. (C). Law text · (f)

    1996

    • Pub. L. 104–208, §2204, struck out subsec. (h) which read as follows: "The aggregate capital of every national banking association and its branches shall at no time be less than the aggregate minimum capital required by law for the establishment of an equal number of national banking a… (Magnuson-Stevens Fishery Conservation and Management Act) Law text · (h)
    • Pub. L. 104–208, §2205(a), inserted at end "The term 'branch', as used in this section, does not include an automated teller machine or a remote service unit." (Magnuson-Stevens Fishery Conservation and Management Act) Law text · (j)

    1994

    • Pub. L. 103–328, §102(b)(1)(B), added subsecs. (d) to (f). Former subsecs. (d) to (f) redesignated (h) to (j), respectively. · (d), (e), (f)
    • Pub. L. 103–328, §103(a), added subsec. (g). · (g)
    • Pub. L. 103–328, §102(b)(1)(A), redesignated subsec. (g) as (k). · (g)
    • Pub. L. 103–328, §102(b)(1)(A), redesignated subsecs. (d) to (h) as (h) to (l), respectively. · (h), (i), (j), (k), (l)

    1962

    • Pub. L. 87–721 substituted provisions permitting a national bank resulting from the conversion of a State bank to retain and operate as a branch any office which was a branch of the State bank immediately prior to conversion if such office might be established as a new branch of the re… · (b)

    Text, outline and history from the official U.S. Code (2024 edition) on GovInfo, published by the Office of the Law Revision Counsel. Changes made after that edition appear under This Congress.