§ 581. Definition of bank
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/usc/title-26/section-581A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
For purposes of sections 582 and 584, the term “bank” means a bank or trust company incorporated and doing business under the laws of the United States (including laws relating to the District of Columbia) or of any State, a substantial part of the business of which consists of receiving deposits and making loans and discounts, or of exercising fiduciary powers similar to those permitted to national banks under authority of the Comptroller of the Currency, and which is subject by law to supervision and examination by State or Federal authority having supervision over banking institutions. Such term also means a domestic building and loan association.
(Aug. 16, 1954, ch. 736, 68A Stat. 202; Pub. L. 87–722, § 5, Sept. 28, 1962, 76 Stat. 670; Pub. L. 94–455, title XIX, § 1901(c)(5), Oct. 4, 1976, 90 Stat. 1803.)
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statutes-at-large
- Public Law 87–788
- Public Law 88–563
- Public Law 91–169to promote the safety of employees and travelers upon railroads by limiting the hours of service of employees thereon,” approved March 4, 1907
- Public Law 88–272
- Public Law 89–719
- Public Law 95–600To amend the Internal Revenue Code of 1954 to reduce income taxes, and for other purposes
- Public Law 95–227To impose an excise tax on the sale of coal by the producer, to establish a Black Lung Disability Trust Fund, and for other purposes
- Public Law 94–455To reform the tax laws of the United States
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U.S. Code
9 references not yet in our index
- Aug. 16, 1954, ch. 736
- 68A Stat. 202
- Pub. L. 87–722, § 5
- 76 Stat. 670
- Pub. L. 94–455, title XIX, § 1901(c)(5)
- 90 Stat. 1803
- Pub. L. 94–455
- Pub. L. 87–722
- 38 Stat. 262
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§ 581
Definition of bank
Stat.×10
C.F.R.×1
ActAug. 16, 1954, ch. 736
Stat.68A Stat. 202
Pub. L.Pub. L. 87–722, § 5
Stat.76 Stat. 670
Pub. L.Pub. L. 94–455, title XIX, § 1901(c)(5)
Cites 10 · showing 6Cited by 11 across 2 sources