### Question
What does State bank mean?


### Answer
**State bank** has the following meaning in *12 U.S.C. § 214*:

> any bank, banking association, trust company, savings bank (other than a mutual savings bank), or other banking institution which is engaged in the business of receiving deposits and which is incorporated under the laws of any State, any Territory of the United States, Puerto Rico, or the Virgin Islands, or which is operating under the Code of Law for the District of Columbia (except a national banking association)

#### Citation:
  - *12 U.S.C. § 214*
  - Heading: **CHAPTER 2-NATIONAL BANKS > SUBCHAPTER XV-CONVERSION OF NATIONAL BANKS INTO STATE BANKS**

