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US Code · Through Public Law 119-103 (09/02/2026)

11 U.S.C. § 781: Definitions

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Where this section sits in the code
  1. Title 11—BANKRUPTCY
  2. CHAPTER 7—LIQUIDATION

For purposes of this subchapter, the following definitions shall apply:(1) Board.—The term “Board” means the Board of Governors of the Federal Reserve System. (2) Depository institution.—The term “depository institution” has the same meaning as in section 3 of the Federal Deposit Insurance Act. (3) Clearing bank.—The term “clearing bank” means an uninsured State member bank, or a corporation organized under section 25A of the Federal Reserve Act, which operates, or operates as, a multilateral clearing organization pursuant to section 409 of the Federal Deposit Insurance Corporation Improvement Act of 1991.

Collected 2026-09-10T05:56:12Z. Source file · JSON

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