12 USC 215c - Mergers, consolidations, and other acquisitions authorized

U.S Code last checked for updates: Nov 22, 2024

§ 215c.

Mergers, consolidations, and other acquisitions authorized

(a)

In general

(b)

Expedited approval of acquisitions

(1)

In general

(2)

Extensions of period

The period for approval or disapproval referred to in paragraph (1) may be extended for an additional 30-day period if the Comptroller of the Currency determines that—

(A)

an applicant has not furnished all of the information required to be submitted; or

(B)

in the Comptroller’s judgment, any material information submitted is substantially inaccurate or incomplete.

(c)

Rule of construction

(d)

“Acquire” defined

(R.S. § 5156A, as added Pub. L. 102–242, title V, § 502(b), Dec. 19, 1991, 105 Stat. 2393; amended Pub. L. 104–208, div. A, title II, § 2201(b)(1), Sept. 30, 1996, 110 Stat. 3009–403.)

cite as: 12 USC 215c