11 U.S.C. § 781. Definitions

For purposes of this subchapter, the following definitions shall apply:

1. (1)
   (1)

   Board.—

   The term “Board” means the Board of Governors of the Federal Reserve System.
2. (2)
   (2)

   Depository institution.—

   The term “depository institution” has the same meaning as in section 3 of the Federal Deposit Insurance Act.
3. (3)
   (3)

   Clearing bank.—

   The term “clearing bank” means an uninsured State member bank, or a corporation organized under section 25A of the Federal Reserve Act, which operates, or operates as, a multilateral clearing organization pursuant to section 409 ¹ of the Federal Deposit Insurance Corporation Improvement Act of 1991.