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12 U.S.C. § 2502

U.S. CodeFederal
Definitions
About This Law
/us/usc/t12/s2502
Title
12 — Banks and Banking
Chapter
CH26
Release
119-84
Release Date
2026-04-17

Section Text

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As used in this chapter—(1) “banking organization” means any bank, trust company, savings bank, safe deposit company, or a private banker engaged in business in the United States; (2) “business association” means any corporation (other than a public corporation), joint stock company, business trust, partnership, or any association for business purposes of two or more individuals; and (3) “financial organization” means any savings and loan association, building and loan association, credit union, or investment company engaged in business in the United States. (Pub. L. 93–495, title VI, § 602, Oct. 28, 1974, 88 Stat. 1525.)

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