### Question
How does the law define bank?


### Answer
Under *26 U.S.C. § 246A*, **bank** is defined as:

> given such term by section 581.

#### Citation:
  - *26 U.S.C. § 246A*
  - Heading: **Subtitle A-Income Taxes > CHAPTER 1-NORMAL TAXES AND SURTAXES > Subchapter B-Computation of Taxable Income > PART VIII-SPECIAL DEDUCTIONS FOR CORPORATIONS**

