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Title 12 — Banks and Banking

Chapter 26 — Disposition of Abandoned Money Orders and Traveler’s Checks

§ 2502. Definitions

Statutory text

As used in this chapter—

(1)

“banking organization” means any bank, trust company, savings bank, safe deposit company, or a private banker engaged in business in the United States;

(2)

“business association” means any corporation (other than a public corporation), joint stock company, business trust, partnership, or any association for business purposes of two or more individuals; and

(3)

“financial organization” means any savings and loan association, building and loan association, credit union, or investment company engaged in business in the United States.

Legislative history

Reconstructed from this section’s Code source credit and amendment notes, resolved against the local Statutes at Large. Editorial notes are evidence, not the law that made the change.

  1. Pub. L. 93–495 title VI § 602 · 88 Stat. 1500

    Enacted · 12 U.S.C. § 2502

    (Pub. L. 93–495, title VI, § 602, Oct. 28, 1974, 88 Stat. 1525.)

    Source evidence

    Code source credit
    (Pub. L. 93–495, title VI, § 602, Oct. 28, 1974, 88 Stat. 1525.)

    Enacted provision · exact public law section
    Sec. 602. definitions As used in this title— (1) “banking organization” means any bank, trust company, savings bank, safe deposit company, or a private banker engaged in business in the United States; (2) “business association” means any corporation (other than a public corporation), joint stock company, business trust, partnership, or any association for business purposes of two or more individuals; and (3) “financial organization” means any savings and loan association. building and loan association, credit union, or investment company engaged in business in the United States.

1 of 1 references resolved to an enrolled provision

Credits

(Pub. L. 93–495, title VI, § 602, , 88 Stat. 1525.)

Parsed from the official OLRC USLM XML in data/usc_all/usc12.xml · release point 119-108 · OLRC build 2026-07-23

USLM identifier /us/usc/t12/s2502