§ 781. Definitions

245 words·~1 min read·/usc/title-11/section-781

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For purposes of this subchapter, the following definitions shall apply:

(1)Board.— The term “Board” means the Board of Governors of the Federal Reserve System.

(2)Depository institution.— The term “depository institution” has the same meaning as in section 3 of the Federal Deposit Insurance Act.

(3)Clearing bank.— The term “clearing bank” means an uninsured State member bank, or a corporation organized under section 25A of the Federal Reserve Act, which operates, or operates as, a multilateral clearing organization pursuant to section 409 1 of the Federal Deposit Insurance Corporation Improvement Act of 1991.

(Added Pub. L. 106–554, § 1(a)(5) [title I, § 112(c)(5)(B)], Dec. 21, 2000, 114 Stat. 2763, 2763A–394.)

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U.S. Code

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1
Pub. L. 106–554, § 1(a)(5) [title I, § 112(c)(5)(B)]
114 Stat. 2763
section 4422 of Title 12
Pub. L. 111–203, title VII, § 740
124 Stat. 1729

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§ 781

Definitions

U.S.C.§ 1813

U.S.C.§ 611

Cite1

Pub. L.Pub. L. 106–554, § 1(a)(5) [title I, § 112(c)(5)(B)]

Stat.114 Stat. 2763

Citesection 4422 of Title 12

Pub. L.Pub. L. 111–203, title VII, § 740

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