11 U.S.C. § 781
Section 781 · Definitions
Amended 1 time on record
Applied in 7 court decisions — leading case Paris v. Transamerica Insurance Group (In Re Buckley & Associates Insurance) (1986)
Most recently applied in Paris v. Transamerica Insurance Group (In Re Buckley & Associates Insurance) (November 1986)
How often courts cite this section
Court decisions citing this, by year.Markers show enactment, consequential amendments, and circuit splits over this section — watch for a citation surge after a change or a disagreement. The dip in the last several years is a data-coverage gap, not a real trend — our corpus holds fewer opinions from the most recent years, so recent citations are undercounted.
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.
Editorial notes U.S. Code · Office of the Law Revision Counsel
References in Text
Section 3 of the Federal Deposit Insurance Act, referred to in par. (2), is classified to section 1813 of Title 12, Banks and Banking.
Section 25A of the Federal Reserve Act, referred to in par. (3), popularly known as the Edge Act, is classified to subchapter II (§611 et seq.) of chapter 6 of Title 12, Banks and Banking. For complete classification of this Act to the Code, see Short Title note set out under section 611 of Title 12 and Tables.
Section 409 of the Federal Deposit Insurance Corporation Improvement Act of 1991, referred to in par. (3), is classified to section 4422 of Title 12, Banks and Banking.