---
kind: "section"
citation: "12 U.S.C. § 214b"
title: "12"
title_heading: "Banks and Banking"
number: "214b"
heading: "Continuation of business and corporate entity"
release: "119-102"
date: "2026-07-12"
url: "https://uscodex.org/usc/12/214b"
units:
  - "Chapter 2 — National Banks"
  - "Subchapter XV — Conversion of National Banks into State Banks"
---

# §214b. Continuation of business and corporate entity


The franchise of a [national banking association](/usc/12/214.md?p=b) as a [national banking association](/usc/12/214.md?p=b) shall automatically terminate when its conversion into or its merger or consolidation with a [State bank](/usc/12/214.md?p=a) under a [State](/usc/12/95.md?p=b-2) charter is consummated and the resulting [State bank](/usc/12/214.md?p=a) shall be considered the same business and corporate entity as the [national banking association](/usc/12/214.md?p=b), although as to rights, powers, and duties the resulting bank is a [State bank](/usc/12/214.md?p=a). Any reference to such [national banking association](/usc/12/214.md?p=b) in any contract, will, or document shall be considered a reference to the [State bank](/usc/12/214.md?p=a) if not inconsistent with the provisions of the contract, will, or document or applicable law.


## Source credit

(Aug. 17, 1950, ch. 729, § 3, 64 Stat. 456.)