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" The total liabilities to any association, of any person, or of any company, corporation, or firm for money borrowed, including in the liabilities of a company or firm the liabilities of the several members thereof, shall at no time exceed onetenth part... "
Documents Accompanying the Journal of the House - Page 136
by Michigan. Legislature - 1889
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Ruling Case Law: As Developed and Established by the Decisions and ..., Volume 3

William Mark McKinney, Burdett Alberto Rich - Law - 1914 - 1424 pages
...including, in the liabilities of a company or firm, the liabilities of the several members thereof, shall at no time exceed one-tenth part of the amount of the capital stock of such association actually paid in and unimpaired and one tenth part of its unimpaired surplus...
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Annual Report of the Commissioner of the Banking Department of the State of ...

Michigan. Banking Division - Banks and banking - 1915 - 780 pages
...association, or any person, or any company, corporation, or firm for money borrowed, including in the liabilities of the company or firm the liabilities of the several members thereof, shall at no time exceed one-tenth part of the amount of the capital stock of such association actually...
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Maryland Corporation Law

Maryland - Corporation law - 1916 - 748 pages
...company for money borrowed, after April 8, 1910, including in the liabilities of the co-partnership the liabilities of the several members thereof, except special partners, shall at no time exceed 20 per cent, of the amount of capital and surplus of such bank or trust company; but the discounting...
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Federal Reserve Bulletin

Banks and banking - 1916 - 850 pages
...to any association of any person, or of any company, corporation, or firm, for money borrowed * * * shall at no time exceed one-tenth part of the amount of the capital stock of the association actually paid in and unimpaired and one-tenth part of its unimpaired surplus....
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Principles of Money and Banking: A Series of Selected Materials

Harold Glenn Moulton - Banks and banking - 1916 - 830 pages
...including, in the liabilities of a company or firm, the liabilities of the several members thereof, shall at no time exceed one-tenth part of the amount of the capital stock of such association actually paid in and unimpaired and one-tenth part of the unimpaired surplus...
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Principles of Banking: A Series of Selected Materials

Banks and banking - 1916 - 832 pages
...including, in the liabilities of a company or firm, the liabilities of the several members thereof, shall at no time exceed one-tenth part of the amount of the capital stock of such association actually paid in and unimpaired and one-tenth part of the unimpaired surplus...
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Annual Report of the Commissioner of the Banking Department of the State of ...

Michigan. Banking Division - Banks and banking - 1916 - 798 pages
...association, or any person, or any company, corporation, or firm for money borrowed, including in the liabilities of the company or firm the liabilities of the several members thereof, shall at no time exceed one-tenth part of the amount of the capital stock of such association actually...
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The Law, Rules and Regulations Governing Acceptances, Rediscounts, Open ...

National Bank of Commerce in New York - Acceptances - 1917 - 72 pages
...borrowed, including in the liabilities of a company or firm the liabilities of the several members thereof, shall at no time exceed one-tenth part of the amount of the capital stock of such association, actually paid in and unimpaired, and one-tenth part of its unimpaired surplus...
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Public Documents, Part 4

West Virginia - West Virginia - 1917 - 1608 pages
...trust company of any person, or of any company, corporation or firm, for money borrowed, including the liabilities of the company or firm, the liabilities of the several members thereof, shall at no time exceed twenty per centum of the capital stock, plus the surplus fund and undivided...
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Banking Laws: An Official Manual Containing All State Laws of General Nature ...

West Virginia - Banking law - 1917 - 174 pages
...trust company of any person, or of any company, corporation or firm, for money borrowed, including the liabilities of the company or firm, the liabilities of the several members thereof, shall at no time exceed twenty per centum of the capital stock, plus the surplus fund and undivided...
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