---
kind: "section"
citation: "12 U.S.C. § 3203"
title: "12"
title_heading: "Banks and Banking"
number: "3203"
heading: "Dual service of management official of $2,500,000,000 institution or holding company as management official of unaffiliated $1,500,000,000 institution or holding company prohibited"
release: "119-102"
date: "2026-07-12"
url: "https://uscodex.org/usc/12/3203"
units:
  - "Chapter 33 — Depository Institution Management Interlocks"
---

# §3203. Dual service of management official of $2,500,000,000 institution or holding company as management official of unaffiliated $1,500,000,000 institution or holding company prohibited


If a [depository institution](/usc/12/3201.md?p=1) or a [depository holding company](/usc/12/3201.md?p=2) has total assets exceeding $2,500,000,000, a [management official](/usc/12/3201.md?p=4) of such institution or any [affiliate](/usc/12/5481.md?p=1) thereof may not serve as a [management official](/usc/12/3201.md?p=4) of any other nonaffiliated [depository institution](/usc/12/3201.md?p=1) or [depository holding company](/usc/12/3201.md?p=2) having total assets exceeding $1,500,000,000 or as a [management official](/usc/12/3201.md?p=4) of any [affiliate](/usc/12/5481.md?p=1) of such other institution. In order to allow for inflation or market changes, the [appropriate Federal depository institutions regulatory agencies](/usc/12/3201.md?p=6) may, by regulation, adjust, as necessary, the amount of total assets required for [depository institutions](/usc/12/3201.md?p=1) or [depository holding companies](/usc/12/3201.md?p=2) under this section.


## Source credit

(Pub. L. 95–630, title II, § 204, Nov. 10, 1978, 92 Stat. 3673; Pub. L. 104–208, div. A, title II, § 2210(a), Sept. 30, 1996, 110 Stat. 3009–409.)

## Notes

### Editorial Notes

### Amendments

1996—Pub. L. 104–208 substituted “$2,500,000,000” for “$1,000,000,000” and “$1,500,000,000” for “$500,000,000” and inserted at end “In order to allow for inflation or market changes, the appropriate Federal depository institutions regulatory agencies may, by regulation, adjust, as necessary, the amount of total assets required for depository institutions or depository holding companies under this section.”

### Statutory Notes and Related Subsidiaries

### Effective Date

Section effective upon the expiration of 120 days after Nov. 10, 1978, see section 2101 of Pub. L. 95–630, set out as a note under section 375b of this title.