{"identifier":"/us/usc/t12/s3902","title":12,"num":"\u00a7\u202f3902.","heading":"Definitions","text":"\u00a7\u202f3902.\nDefinitions\nFor purposes of this chapter\u2014\n(1) the term \u201cappropriate Federal banking agency\u201d has the same meaning given such term in\n(A) bank holding companies and any nonbank subsidiary thereof;\n(B) Edge Act corporations organized under section 25(a)\n1\n1 See References in Text note below.\n12 U.S.C. 611\n(C) Agreement Corporations operating under section 25 of the Federal Reserve Act [\n12 U.S.C. 601\n(2) the term \u201cbanking institution\u201d means\u2014\n(A)\n(i) an insured bank as defined in\nsection 1813(h) of this title\n(ii) an Edge Act corporation organized under section 25(a)\n1\n12 U.S.C. 611\n(iii) an Agreement Corporation operating under section 25 of the Federal Reserve Act [\n12 U.S.C. 601\n(B) to the extent determined by the appropriate Federal banking agency, any agency or branch of a foreign bank, and any commercial lending company owned or controlled by one or more foreign banks or companies that control a foreign bank as those terms are defined in the International Banking Act of 1978 [\n12 U.S.C. 3101","url":"https://projectusc.org/usc/t12/s3902.html","content":[{"t":"sec","id":"/us/usc/t12/s3902","children":[{"t":"num","text":"\u00a7\u202f3902."},{"t":"heading","text":"Definitions","tail":"\n"},{"t":"chapeau","text":"For purposes of this chapter\u2014"},{"t":"para","id":"/us/usc/t12/s3902/1","children":[{"t":"num","text":"(1)"},{"t":"chapeau","text":" the term \u201cappropriate Federal banking agency\u201d has the same meaning given such term in ","children":[{"t":"ref","text":"section 1813(q) of this title","href":"/us/usc/t12/s1813/q","tail":", except that for purposes of this chapter such term means the Board of Governors of the Federal Reserve System for\u2014"}]},{"t":"subpara","id":"/us/usc/t12/s3902/1/A","children":[{"t":"num","text":"(A)"},{"t":"content","text":" bank holding companies and any nonbank subsidiary thereof;","tail":"\n"}],"tail":"\n"},{"t":"subpara","id":"/us/usc/t12/s3902/1/B","children":[{"t":"num","text":"(B)"},{"t":"content","text":" Edge Act corporations organized under section 25(a)\u202f","children":[{"t":"ref","text":"1"},{"t":"num","text":"1","tail":"\u202fSee References in Text note below."},{"t":"text","text":"\u202fSee References in Text note below.","tail":" of the Federal Reserve Act ["},{"t":"ref","text":"12 U.S.C. 611","href":"/us/usc/t12/s611","tail":" et seq.]; and"}],"tail":"\n"}],"tail":"\n"},{"t":"subpara","id":"/us/usc/t12/s3902/1/C","children":[{"t":"num","text":"(C)"},{"t":"content","text":" Agreement Corporations operating under section 25 of the Federal Reserve Act [","children":[{"t":"ref","text":"12 U.S.C. 601","href":"/us/usc/t12/s601","tail":" et seq.]; and"}],"tail":"\n"}],"tail":"\n"}],"tail":"\n"},{"t":"para","id":"/us/usc/t12/s3902/2","children":[{"t":"num","text":"(2)"},{"t":"chapeau","text":" the term \u201cbanking institution\u201d means\u2014"},{"t":"subpara","id":"/us/usc/t12/s3902/2/A","children":[{"t":"num","text":"(A)"},{"t":"clause","id":"/us/usc/t12/s3902/2/A/i","children":[{"t":"num","text":"(i)"},{"t":"content","text":" an insured bank as defined in ","children":[{"t":"ref","text":"section 1813(h) of this title","href":"/us/usc/t12/s1813/h","tail":" or any subsidiary of an insured bank;"}],"tail":"\n"}],"tail":"\n"},{"t":"clause","id":"/us/usc/t12/s3902/2/A/ii","children":[{"t":"num","text":"(ii)"},{"t":"content","text":" an Edge Act corporation organized under section 25(a)\u202f","children":[{"t":"text","text":"1","tail":" of the Federal Reserve Act ["},{"t":"ref","text":"12 U.S.C. 611","href":"/us/usc/t12/s611","tail":" et seq.]; and"}],"tail":"\n"}],"tail":"\n"},{"t":"clause","id":"/us/usc/t12/s3902/2/A/iii","children":[{"t":"num","text":"(iii)"},{"t":"content","text":" an Agreement Corporation operating under section 25 of the Federal Reserve Act [","children":[{"t":"ref","text":"12 U.S.C. 601","href":"/us/usc/t12/s601","tail":" et seq.]; and"}],"tail":"\n"}],"tail":"\n"}],"tail":"\n"},{"t":"subpara","id":"/us/usc/t12/s3902/2/B","children":[{"t":"num","text":"(B)"},{"t":"content","text":" to the extent determined by the appropriate Federal banking agency, any agency or branch of a foreign bank, and any commercial lending company owned or controlled by one or more foreign banks or companies that control a foreign bank as those terms are defined in the International Banking Act of 1978 [","children":[{"t":"ref","text":"12 U.S.C. 3101","href":"/us/usc/t12/s3101","tail":" et seq.]. The term \u201cbanking institution\u201d shall not include a foreign bank."}],"tail":"\n"}],"tail":"\n"}],"tail":"\n"},{"t":"text","text":"\n"},{"t":"text","text":"\n"}]}]}