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Financial subsidiaries of national banks

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Title 12—BANKS AND BANKING > CHAPTER 2—NATIONAL BANKS > SUBCHAPTER I—ORGANIZATION AND GENERAL PROVISIONS

This text was captured on Jul 23, 2026. It is a snapshot, not a live feed, so check the official code before relying on it.

Text

Subject to paragraph (2), a national bank may control a financial subsidiary, or hold an interest in a financial subsidiary.

(R.S. § 5136A, as added Pub. L. 106–102, title I, § 121(a)(2) , Nov. 12, 1999 , 113 Stat. 1373 ; amended Pub. L. 111–203, title IX, § 939(d) , July 21, 2010 , 124 Stat. 1886 .)

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Financial subsidiaries of national banks · 12 U.S.C. § 24a | Frix