Examples of Bank Merger Act in a sentence
The Bank Merger Act, 12 U.S.C. § 1828(c), requires the OCC's approval for any merger between insured banks where the resulting institution will be a national bank.
The Bank Merger Act, 12 U.S.C. § 1828(c), r equires the OCC's approval for any merger between insured banks where the resulting institution will be a national bank.
For purposes of calculating an increase in assets, assets acquired through merger or acquisition ap- proved pursuant to the Bank Merger Act (12 U.S.C. 1828(c)) will be excluded.
Section 3 of this act, 12 U.S.C. § 1842, sets forth the same substantive competition standards for the Federal Reserve Board to apply in reviewing applications by bank holding companies to acquire other bank holding companies, banks, or bank assets as those set forth in the Bank Merger Act.
As with the Bank Merger Act, an acquisition, or portion of an acquisition, that is subject to banking agency review under Section 3 is exempt from the HSR reporting and waiting period requirements.Section 4 of the Bank Holding Company Act, 12 U.S.C. § 1843, governs acquisitions of a nonbank or thrift institution by a bank holding company.