Comptroller's Manual for National Banks: Laws, Regulations, RulingsOffice of Comptroller of the Currency, United States Treasury, 1966 - Banking law |
From inside the book
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Page ix
... Powers - 12 U.S.C. 92a . Real Estate Loans - 12 U.S.C. 371 . Loans to Affiliates - 12 U.S.C. 371c . Bank Premises - 12 U.S.C. 371d . CHAPTER I National Banking Laws Title 12 of the United States Code Sec . 1 . Sec . 2 . Comptroller of ...
... Powers - 12 U.S.C. 92a . Real Estate Loans - 12 U.S.C. 371 . Loans to Affiliates - 12 U.S.C. 371c . Bank Premises - 12 U.S.C. 371d . CHAPTER I National Banking Laws Title 12 of the United States Code Sec . 1 . Sec . 2 . Comptroller of ...
Page xii
... Powers 52 Sec . 486 . Sec . 501 . Waiver of Reports From or Examinations of Affiliates Certification of Checks 52 53 Sec . 501a . Sec . 503 . Failure of National Bank To Become Member Bank Liability of Directors or Officers - 53 53 Sec ...
... Powers 52 Sec . 486 . Sec . 501 . Waiver of Reports From or Examinations of Affiliates Certification of Checks 52 53 Sec . 501a . Sec . 503 . Failure of National Bank To Become Member Bank Liability of Directors or Officers - 53 53 Sec ...
Page 5
... Powers and nvestment Securities 12 U.S.C. 24 ( R.S. 5136 ) .- Upon duly aking and filing articles of association and 1 organization certificate , the association all become , as from the date of the execu- on of its organization ...
... Powers and nvestment Securities 12 U.S.C. 24 ( R.S. 5136 ) .- Upon duly aking and filing articles of association and 1 organization certificate , the association all become , as from the date of the execu- on of its organization ...
Page 8
... powers of the association un- der its old name shall devolve upon and inure to the association under its new name . Effect of Change of Name or Location 12 U.S.C. 32. September 1968 Comptroller's Manual for National Banks §§ 27-31 12 ...
... powers of the association un- der its old name shall devolve upon and inure to the association under its new name . Effect of Change of Name or Location 12 U.S.C. 32. September 1968 Comptroller's Manual for National Banks §§ 27-31 12 ...
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... power to execute all other papers and to do whatever may be required to make its organization perfect and complete as a ... powers and privileges , and shall be subject to the same duties , liabilities , and regulations , in all respects ...
... power to execute all other papers and to do whatever may be required to make its organization perfect and complete as a ... powers and privileges , and shall be subject to the same duties , liabilities , and regulations , in all respects ...
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Common terms and phrases
Administrator agency agreement amended amount annual annual percentage rate applicable approval assets bank's banks under paragraph board of directors capital and surplus capital stock centum certificate City collective investment fund Comptroller corporation County Currency District dividends Edge Act corporation eligible for purchase employee extension of credit faith and credit Federal Reserve System fiduciary filed fund hearing examiner holders holding by national interest investment securities issued lease rental liability lien limitation Loans secured member bank ment merger mortgage national banking association National banks acting obligations officer operating paragraph Seventh participation payment person preferred stock principal proxy purpose pursuant real estate loans regulations rency repurchase agreement requested to rule Revenue Bonds Seventh of 12 shareholders statement stockholders subsidiary term tion tional banks transaction troller trust underwriting and unlimited United United States Code unlimited holding vote
Popular passages
Page 18 - ... for as many persons as there are directors or managers to be elected, or to cumulate said shares, and give one candidate as many votes as the number of directors multiplied by the number of his shares of stock shall equal, or to distribute them on the same principle among as many candidates as he shall think fit ; and such directors or managers shall not be elected in any other manner.
Page 22 - No association shall make any loan or discount on the security of the shares of its own capital stock, nor be the purchaser or holder of any such shares, unless such security or purchase shall be necessary to prevent loss upon a debt previously contracted in good faith...
Page 70 - ... security" or any certificate of interest or participation in, temporary or interim certificate for, receipt for, guarantee of, or warrant or right to subscribe to or purchase, any of the foregoing.
Page 92 - contribution" includes a gift, subscription, loan, advance, or deposit, of money, or anything of value, and includes a contract, promise, or agreement, whether or not legally enforceable to make a contribution; (e) The term "expenditure...
Page 3 - Second. Such as shall be mortgaged to it in good faith by way of security for debts previously contracted.
Page 15 - That suits, actions, and proceedings against any association under this Title may be had in any circuit, district, or territorial court of the United States held within the district in which such association may be established, or in any State, county, or municipal court in the county or city in which said association is located having jurisdiction in similar cases.
Page 63 - Act of 1938 ; in the Federal Reserve Board where applicable to banks, banking associations, and trust companies; and in the Federal Trade Commission where applicable to all other character of commerce to be exercised as follows...
Page 61 - Commission shall acquire the whole or any part of the assets of another corporation engaged also in commerce, where in any line of commerce in any section of the country, the effect of such acquisition may be substantially to lessen competition, or to tend to create a monopoly.
Page 3 - ... transferable on the books of the association in such manner as may be prescribed in the by-laws or articles of association ; and every person becoming a shareholder by such transfer shall, in proportion to his shares, succeed to all the rights and liabilities of the prior holder of such shares...
Page 7 - Each director, when appointed or elected, shall take an oath that he will, so far as the duty devolves on him, diligently and honestly administer the affairs of such association...