§ 1846. Reservation of rights to States

248 words·~1 min read·/usc/title-12/section-1846

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(a)In general No provision of this chapter shall be construed as preventing any State from exercising such powers and jurisdiction which it now has or may hereafter have with respect to companies, banks, bank holding companies, and subsidiaries thereof.

(b)State taxation authority not affected No provision of this chapter shall be construed as affecting the authority of any State or political subdivision of any State to adopt, apply, or administer any tax or method of taxation to any bank, bank holding company, or foreign bank, or any affiliate of any bank, bank holding company, or foreign bank, to the extent that such tax or tax method is otherwise permissible by or under the Constitution of the United States or other Federal law.

(May 9, 1956, ch. 240, § 7, 70 Stat. 138; Pub. L. 100–86, title I, § 101(f), Aug. 10, 1987, 101 Stat. 563; Pub. L. 103–328, title I, § 101(b), Sept. 29, 1994, 108 Stat. 2341.)

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statutes-at-large

Public Law 100–86
To regulate nonbank banks, impose a moratorium on certain securities and insurance activities by banks, recapitalize the Federal Savings and Loan Insurance Corporation, allow emergency interstate bank acquisitions, streamline credit union operations, regulate consumer checkholds, and for other purpo

statute-compilations

Sec. 7
reservation of rights to states

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U.S. Code

Regulations governing insured depository institutions
§ 1828

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May 9, 1956, ch. 240, § 7
70 Stat. 138
Pub. L. 100–86, title I, § 101(f)
101 Stat. 563
Pub. L. 103–328, title I, § 101(b)
108 Stat. 2341
Pub. L. 103–328
Pub. L. 100–86
section 101(e) of Pub. L. 103–328

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§ 1846

Reservation of rights to States

Stat. Comp.×1

Stat.×1

U.S.C.§ 1828

ActMay 9, 1956, ch. 240, § 7

Stat.70 Stat. 138

Pub. L.Pub. L. 100–86, title I, § 101(f)

Stat.101 Stat. 563

Pub. L.Pub. L. 103–328, title I, § 101(b)

Cites 10 · showing 6Cited by 2 across 2 sources