### Question
How is the term indemnifying bank defined?


### Answer
The term **indemnifying bank** is defined in *12 U.S.C. § 5002* as the following:

> a bank that is providing an indemnity under section 5005 of this title with respect to a substitute check

#### Citation:
  - *12 U.S.C. § 5002*
  - Heading: **CHAPTER 50-CHECK TRUNCATION**

