 | United States. Congress. Senate. Committee on Banking and Currency - Banking law - 1956 - 238 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... | |
 | Taxation - 1960 - 760 pages
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 | United States Congress. House. Banking and Currency Committee - 1959 - 84 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... | |
 | United States - Session laws - 1866 - 928 pages
...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 ¿l™a* a collection,... | |
 | United States. Congress. Senate. Committee on Banking and Currency - 1963 - 548 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—... | |
 | United States. Congress. Senate. Committee on Banking and Currency - Banking law - 1963 - 716 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 within... | |
 | United States. Office of the Comptroller of the Currency - Banking law - 1966 - 480 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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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. 
