United States Code
USC most recently checked for updates: Jun 03, 2023
Each bank, which is an insured depository institution on
Each savings association the accounts of which were insured by the Federal Savings and Loan Insurance Corporation on the day before
In the case of an insured bank which is admitted to membership in the Federal Reserve System or an insured State bank which is converted into a national member bank, the bank shall continue as an insured bank.
Any State depository institution or any Federal depository institution which results from the merger or consolidation of insured depository institutions, or from the merger or consolidation of a noninsured depository institution with an insured depository institution, shall continue as an insured depository institution.