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Code · STATUTE-COMPILATIONS · Bank Conservation Act. · Sec. 202

Sec. 202. **[**[12 U.S.C. 202](/us/usc/t12/s202)**]**

102 words·~1 min read·/statute-compilations/comps-249/sec-202

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## Sec. 202 **[**[12 U.S.C. 202](/us/usc/t12/s202)**]** As used in this title, the term “**bank**” means any national banking association or any other financial institution chartered or licensed under Federal law and subject to the supervision of the Comptroller of the Currency; the term “**voluntary dissolution and liquidation**” means a transaction pursuant to section 5220 of the Revised Statutes that involves the assumption of the bank's insured deposit liabilities and the sale of the bank, or of control of the bank, as a going concern; and the term “**State**” means any State, Territory, or possession of the United States, and the Canal Zone.
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Sec. 202
**[**[12 U.S.C. 202](/us/usc/t12/s202)**]**
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