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Internal Revenue Code · 26 U.S.C.

Subchapter H. Banking Institutions

Official text, no changes From the Office of the Law Revision Counsel, release point 119-121 (current through Public Law 119-121 (October 9, 2026)). The official version is at uscode.house.gov (external site).

  1. Part I RULES OF GENERAL APPLICATION TO BANKING INSTITUTIONS §§ 581–586

    1. § 581 Definition of bank
    2. § 582 Bad debts, losses, and gains with respect to securities held by financial institutions
    3. § 583 Repealed
    4. § 584 Common trust funds
    5. § 585 Reserves for losses on loans of banks
    6. § 586 Repealed

  2. Part II MUTUAL SAVINGS BANKS, ETC. §§ 591–601

    1. § 591 Deduction for dividends paid on deposits
    2. § 592 Repealed
    3. § 593 Reserves for losses on loans
    4. § 594 Alternative tax for mutual savings banks conducting life insurance business
    5. § 595, 596 Repealed
    6. § 597 Treatment of transactions in which Federal financial assistance provided
    7. § 601 Repealed