- national bank
- An instrumentality or agency of the Federal Government although, for the most part, similar in nature to, and governed by, the same rules as state banks insofar as their functions, powers, and liabilities are concerned. 10 Am J2d Bks § 5. A private banking corporation organized under United States statutes, and intended for public accommodation. Ryan v McLane, 91 Md 175, 46 A 340.
Ballentine's law dictionary. Anderson, W.S.. 1998.
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