§ 30. Change of name or location

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. 1886

   Pub. L. 49–73 § 2 · 24 Stat. 18

   Enacted · 12 U.S.C. § 30

   May 1, 1886, ch. 73, § 2, 24 Stat. 18

   Source evidence

   Code source credit
   May 1, 1886, ch. 73, § 2, 24 Stat. 18

   Enacted provision · exact public law section
   Sec. 2. That any national banking association may change its name or the place where its operations of discount and deposit are to be carried on, to any other place within the same State, not more than thirty miles distant with the approval of the Comptroller-of the Currency, by the vote of shareholders owning two thirds of the stock of such association. A duly authenticated notice of the vote and of the new name or location selected shall be sent to the office of the Comptroller of the Currency; but no change of name or location shall be valid until the Comptroller shall have issued his certificate of approval of the same.

2. 1959

   Pub. L. 86–230 § 3 · 73 Stat. 457

   Changed · 12 U.S.C. § 30

   Pub. L. 86–230 required approval of Comptroller of the Currency before a national bank could change location of its main office within the limitations of the city, town, or village in which it is situated

   Source evidence

   Code amendment note
   Pub. L. 86–230 required approval of Comptroller of the Currency before a national bank could change location of its main office within the limitations of the city, town, or village in which it is situated.

   Enacted provision · exact public law section
   Sec. 3. Section 2 of the Act of May 1, 1886 (ch. 73, 24 Stat. 18; 12 U.S.C. 30) is amended to read as follows: “Sec. 2. Any national banking association, with the approval of the Comptroller of the Currency, may change its name or change the location of the main office of such association within the limits of the city, town, or village in which it is situated. Any national banking association, with the approval of the Comptroller of the Currency, may change the location of the main office of such association to any other location outside the limits of the city, town, or village in which it is located, but not more than thirty miles distant, by the vote of shareholders owning two-thirds of the stock of such association. A duly authenticated notice of the vote and of the new name or location selected shall be sent to the Comptroller of the Currency: but no change of name or location shall be valid until the Comptroller shall have issued his certificate of approval of the same.”

3. 1982

   Garn-St Germain Depository Institutions Act of 1982

   Pub. L. 97–320 title IV § 405(a) · 96 Stat. 1469

   1. Amended · 12 U.S.C. § 30

      Pub. L. 97–320 designated existing provisions as subsec. (a)

   2. Substituted · 12 U.S.C. § 30

      Pub. L. 97–320 substituted provisions permitting a change of name upon written notice to the Comptroller, such new name to include “National”, for provisions permitting a change of name or location of the main office, with approval of the Comptroller, within city limits, etc., or outside such limits by vote of shareholders, such change to be validated by certificate of approval

   3. Added · 12 U.S.C. § 30

      Pub. L. 97–320 added subsec. (b)

   Source evidence

   Code amendment note
   Pub. L. 97–320 designated existing provisions as subsec. (a), substituted provisions permitting a change of name upon written notice to the Comptroller, such new name to include “National”, for provisions permitting a change of name or location of the main office, with approval of the Comptroller, within city limits, etc., or outside such limits by vote of shareholders, such change to be validated by certificate of approval, and added subsec. (b).

   Enacted provision · exact public law section
   (a) Section 2 of the Act of May 1, 1886 (24 Stat. 18; 12 U.S.C. 30) is amended to read as follows: “Sec. 2. (a) Any national banking association, upon written notice to the Comptroller of the Currency, may change its name, except that such new name shall include the word “National”. “(b) Any national banking association, upon written notice to the Comptroller of the Currency, may change the location of its main office to any authorized branch location within the limits of the city, town, or village in which it is situated, or, with a vote of shareholders owning two-thirds of the stock of such association and upon receipt of a certificate of approval from the Comptroller of the Currency, to any other location within or outside the limits of the city, town, or village in which it is located, but not more than thirty miles beyond such limits.”.

4. 1983

   Pub. L. 97–457 § 19(a) · 96 Stat. 2507

   Inserted · 12 U.S.C. § 30(b)

   Pub. L. 97–457 inserted “for a relocation outside such limits” after “stock of such association”

   Source evidence

   Code amendment note
   Subsec. (b). Pub. L. 97–457 inserted “for a relocation outside such limits” after “stock of such association”.

   Enacted provision · exact public law section
   (a) Section 2(b) of the Act of May 1, 1886 (12 U.S.C. 30(b)), Ante, p. 1512. as amended by section 405(a) of Public Law 97–320, is amended by inserting “for a relocation outside such limits” after “stock of such association”.

5. 1994

   Riegle-Neal Interstate Banking and Branching Efficiency Act of 1994

   Pub. L. 103–328 title I § 102(b)(2) · 108 Stat. 2338

   Added · 12 U.S.C. § 30(c)

   Pub. L. 103–328 added subsec. (c)

   Source evidence

   Code amendment note
   Subsec. (c). Pub. L. 103–328 added subsec. (c).

   Enacted provision · exact public law section
   (2) Act of may 1, 1886.— Section 2 of the Act entitled “An Act to enable national banking associations to increase their capital stock and to change their names and locations.” and approved May 1, 1886 (12 U.S.C. 30) is amended by adding at the end the following new subsection: “(c) Coordination With Revised Statutes.— In the case of a national bank which relocates the main office of such bank from 1 State to another State after May 31, 1997, the bank may retain and operate branches within the State from which the bank relocated such office only to the extent authorized in section 5155(e)(2) of the Revised Statutes.”.

6. 1999

   Pub. L. 106–102 title VII § 723 · 113 Stat. 1338

   Added · 12 U.S.C. § 30(d)

   Pub. L. 106–102 added subsec. (d)

   Source evidence

   Code amendment note
   Subsec. (d). Pub. L. 106–102 added subsec. (d).

   Enacted provision · exact public law section
   SEC. 723. RETENTION OF “FEDERAL” IN NAME OF CONVERTED FEDERAL SAVINGS ASSOCIATION. Section 2 of the Act entitled “An Act to enable national banking associations to increase their capital stock and to change their names or locations”, approved May 1, 1886 (12 U.S.C. 30), is amended by adding at the end the following new subsection: “(d) Retention of ‘Federal’ in Name of Converted Federal Savings Association.— “(1) In general.— Notwithstanding subsection (a) or any other provision of law, any depository institution, the charter of which is converted from that of a Federal savings association to a national bank or a State bank after the date of the enactment of the Gramm-Leach-Bliley Act may retain the term ‘Federal’ in the name of such institution if such institution remains an insured depository institution. “(2) Definitions.— For purposes of this subsection, the terms ‘depository institution’, ‘insured depository institution’, ‘national bank’, and ‘State bank’ have the meanings given those terms in section 3 of the Federal Deposit Insurance Act.”.

8 of 8 references resolved to an enrolled provision