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" All debts due to any association, on which interest is past due and unpaid for a period of six months, unless the same are well secured, and in process of collection, shall be considered bad debts within the meaning of this section. "
Joint Documents ... for the Year ... - Page 132
by Michigan. Legislature - 1889
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The Code of Federal Regulations of the United States of America

Administrative law - 1996
...an amount greater than its net profits then on hand, deducting therefrom its losses and bad debts. All debts due to any association, on which interest...six months, unless the same are well secured, and in the process of collection, shall be considered bad debts within the meaning: of this section. But nothing...
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Code of Federal Regulations: Containing a Codification of Documents of ...

Administrative law - 1993
...an amount greater than its net profits then on hand, deducting therefrom its losses and bad debts. All debts due to any association, on which interest...six months, unless the same are well secured, and to the process of collection, shall be considered bad debts within the meaning of this section. But...
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Code of Federal Regulations: Containing a Codification of Documents of ...

Administrative law - 1994
...an amount greater than its net profits then on hand, deducting therefrom its losses and bad debts. All debts due to any association, on which interest...unpaid for a period of six months, unless the same axe well secured, and in the process of collection, shall be considered bad debts within the meaning...
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Study of Banking Laws: Hearings Before the Committee on Banking ..., Parts 1-2

United States. Congress. Senate. Committee on Banking and Currency, United States. Congress. Senate. Committee on Banking and Currency. Subcommittee on Banking - Banking law - 1956 - 1073 pages
...an amount greater than Its net profits then on hand, deducting therefrom its losses and bad debts. All debts due to any association, on which interest...process of collection, shall be considered bad debts within the meaning of this section. But nothing in this section shall prevent the reduction of the...
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Study of Banking Laws, Hearing Before ..., 84:2 ....

United States. Congress. Senate. Banking and Currency Committee - 1956 - 1073 pages
...an amount greater than its net profits then on band, deducting therefrom its losses and bad debts. All debts due to any association, on which interest...process of collection, shall be considered bad debts within the meaning of this section. But nothing in this section shall prevent the reduction of the...
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Study of Banking Laws: Legislative Recommendations of the Federal ...

United States. Congress. Senate. Committee on Banking and Currency - Banking law - 1956 - 212 pages
...to an amount greater than its netprofits then on hand, deducting therefrom its losses and bud debts. All debts due to any association, on which interest...process of collection, shall be considered bad debts within the meaning of this section. But nothing in this section shall prevent the reduction of the...
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National Bank Amendments: Hearings Before Subcommittee No. 2 of ... , 86-1 ...

United States Congress. House. Banking and Currency Committee - 1959 - 74 pages
...amount of any surplus funds in excess of its common capital, plus its undivided profits and reserves. All debts due to any association, on which interest...due and unpaid for a period of six months, unless such debts are well secured and in process of collection, shall be considered bad debts within the...
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National Bank Amendments: Hearings Before Subcommittee No.2 of the Committee ...

United States. Congress. House. Committee on Banking and Currency. Subcommittee No. 2, United States. Congress. House. Committee on Banking and Currency - National banks (U.S.) - 1959 - 74 pages
...amount of any surplus funds in excess of its common capital, plus its undivided profits and reserves. All debts due to any association, on which interest...due and unpaid for a period of six months, unless such debts are well secured and in process of collection, shall be considered bad debts within the...
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The Statutes at Large, Treaties, and Proclamations of the United ..., Volume 13

United States - Session laws - 1866
...greater than its neti profits then on hand, Bad debta. deducting therefrom its losses and bad debts. And all debts due to any association, on which interest is past due and unpaid for a period of six wl)at to be months, unless the same shall be wejl secured, and shall be in process of żl™a* a collection,...
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Federal Banking Laws and Reports, 1780-1912 ..., 50th Anniversary, 1913-1963 ...

United States. Congress. Senate. Committee on Banking and Currency - 1963 - 529 pages
...amount greater than its net profits then on hand, deducting therefrom its losses and bad debts. And all debts due to any association, on which interest...unpaid for a period of six months, unless the same shall be well secured, and shall be in process of collection, shall be considered bad debts 92180 O—...
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