---
kind: "section"
citation: "12 U.S.C. § 2502"
title: "12"
title_heading: "Banks and Banking"
number: "2502"
heading: "Definitions"
release: "119-102"
date: "2026-07-12"
url: "https://uscodex.org/usc/12/2502"
units:
  - "Chapter 26 — Disposition of Abandoned Money Orders and Traveler’s Checks"
---

# §2502. Definitions


As used in this chapter—

- (1) “banking organization” means any bank, trust company, savings bank, safe deposit company, or a private banker engaged in business in the United States;
- (2) “business association” means any corporation (other than a public corporation), joint stock company, business trust, partnership, or any association for business purposes of two or more individuals; and
- (3) “financial organization” means any savings and loan association, building and loan association, [credit](/usc/12/5481.md?p=7) union, or investment company engaged in business in the United States.

## Source credit

(Pub. L. 93–495, title VI, § 602, Oct. 28, 1974, 88 Stat. 1525.)