TECHNICAL AND CONFORMING AMENDMENTS RELATING TO BANKS OPERATING UNDER THE CODE OF LAW FOR THE DISTRICT OF COLUMBIA.

SEC. 725. TECHNICAL AND CONFORMING AMENDMENTS RELATING TO BANKS OPERATING UNDER THE CODE OF LAW FOR THE DISTRICT OF COLUMBIA.(a) Federal Reserve Act.—The Federal Reserve Act (12 U.S.C. 221 et seq.) is amended—(1) in the second undesignated paragraph of the first section (12 U.S.C. 221), by adding at the end the following: “For purposes of this Act, a State bank includes any bank which is operating under the Code of Law for the District of Columbia.”; and(2) in the first sentence of the first undesignated paragraph of section 9 (12 U.S.C. 321), by striking “incorporated by special law of any State, or” and inserting “incorporated by special law of any State, operating under the Code of Law for the District of Columbia, or”.(b) Bank Conservation Act.—Section 202 of the Bank Conservation Act (12 U.S.C. 202) is amended—(1) by striking “means (1) any national” and inserting “means any national”; and(2) by striking “, and (2) any bank or trust company located in the District of Columbia and operating under the supervision of the Comptroller of the Currency”.(c) Depository Institution Deregulation and Monetary Control Act of 1980.—Part C of title VII of the Depository Institution Deregulation and Monetary Control Act of 1980 (12 U.S.C. 216 et seq.) is amended—(1) in paragraph (1) of section 731 (12 U.S.C. 216(1)), by striking “and closed banks in the District of Columbia”; and(2) in paragraph (2) of section 732 (12 U.S.C. 216a(2)), by striking “or closed banks in the District of Columbia”.120 STAT. 2002(d) Federal Deposit Insurance Act.—Section 3(a)(2)(B) of the Federal Deposit Insurance Act (12 U.S.C. 1813(a)(2)(B)) is amended by striking “(except a national bank)”.(e) National Bank Consolidation and Merger Act.—Section 7(1) of the National Bank Consolidation and Merger Act (12 U.S.C. 215b(1)) is amended by striking “(except a national banking association located in the District of Columbia)”.(f) Act of August 17, 1950.—Section 1(a) of the Act entitled “An Act to provide for the conversion of national banking associations into and their merger or consolidation with State banks, and for other purposes” and approved August 17, 1950 (12 U.S.C. 214(a)) is amended by striking “(except a national banking association)”.(g) Federal Trade Commission Act.—Section 18(f)(2) of the Federal Trade Commission Act (15 U.S.C. 57a(f)(2)) is amended—(1) in subparagraph (A), by striking “, banks operating under the code of law for the District of Columbia,”; and(2) in subparagraph (B), by striking “and banks operating under the code of law for the District of Columbia”.