Bank Merger Act definition

Bank Merger Act means the Bank Merger Act, within the Federal Deposit Insurance Act and applicable regulations thereunder.
Bank Merger Act means the Bank Merger Act, as amended.
Bank Merger Act means Section 18(c) of the Federal Deposit Insurance Act, as amended.

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.

  • A copy of the FDIC Interagency Bank Merger Act Application (including pro forma information).

  • The Bank Merger Act also requires the OCC to take into consideration the financial and managerial resources and future prospects of the existing and proposed institutions, and the convenience and needs of the community to be served.

  • The merger or consolidation of a subsidiary bank of a bank holding com- pany with another bank, or the pur- chase of assets by the subsidiary bank, or a similar transaction involving sub- sidiary banks of a bank holding com- pany, if the transaction requires the prior approval of a federal supervisory agency under the Bank Merger Act (12U.S.C. 1828(c)) and does not involve the acquisition of shares of a 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.


More Definitions of Bank Merger Act

Bank Merger Act means Section 18(c) of the Federal Deposit Insurance Act, codified at 12 U.S.C. 1828(c).
Bank Merger Act means the Bank Merger Act of 1960.
Bank Merger Act means Section 18(c) of the Federal Deposit Insurance Act.
Bank Merger Act means Section 18(c) of the Federal Deposit Insurance Act, 12 U.S.C. Section 18289(c).
Bank Merger Act has the meaning set forth in Section 4.1(d).
Bank Merger Act means the U.S. federal law governing mergers of federally insured depository institutions that is set forth in Section 18(c) of the Federal Deposit Insurance Act (“FDIA”) and 12 U.S.C. § 1828(c) of the United States Code, and the rules and regulations thereunder that are applicable to the Merger, as such Act and such rules and regulations are in effect on the date hereof and as may be amended hereafter.
Bank Merger Act means Section 18(c) of the Federal Deposit Insurance Act. “beneficial ownership” (and related terms such as “beneficially owned” or “beneficial owner”) has the meaning set forth in Rule 13d-3 under the Exchange Act.