Instructions of the Comptroller of the Currency Relative to the Organization and Powers of National Banks

United States. Office of the Comptroller of the Currency

U.S. Government Printing Office, 1919 - 145 σελίδες

Περιεχόμενα

• Organization of national banks: 5
• Conversion of State banks into national banks: 22
• Bonds and circulation: 31
• Duties and liabilities of directors: 34
• Changes in capital stock extension and reextension of char ter change of name and location amendments to articles meetings of shareholders: 52
• Powers and limitations: 76
• Consolidation of national banks_: 89
• Chapter Liquidation: 96
• Branch banks: 105
• Trust and savings departments: 109
• Banks acting as insurance agents and as brokers and agents making or procuring loans on real estate: 119
• Deposits and rediscounts with Federal Reserve Banks: 127
• 3: 128

Δημοφιλή αποσπάσματα

Σελίδα 83 - The taking, receiving, reserving, or charging a rate of interest greater than is allowed by the preceding section, when knowingly done, shall be deemed a forfeiture of the entire interest which the note, bill, or other evidence of debt carries with it, or which has been agreed to be paid thereon.

Σελίδα 84 - 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...

Σελίδα 83 - 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 of the amount of the capital stock of such association actually paid in.

Σελίδα 117 - Currency shall be authorized and empowered to grant by special permit to national banks applying therefor, when not in contravention of State or local law, the right to act as trustee, executor, administrator, registrar of stocks and bonds, guardian of estates, assignee, receiver, committee of estates of lunatics, or in any other fiduciary capacity...

Σελίδα 85 - No association, or any member thereof, shall, during the time it shall continue its banking operations, withdraw, or permit to be withdrawn, either in the form of dividends or otherwise, any portion of its capital.

Σελίδα 35 - 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...

Σελίδα 128 - Upon the indorsement of any of its member banks, which shall be deemed a waiver of demand, notice and protest by such bank as to its own indorsement exclusively, any Federal reserve bank may discount notes, drafts, and bills of exchange arising out of actual commercial transactions...

Σελίδα 88 - If the directors of any national banking association shall knowingly violate, or knowingly permit any of the officers, agents, or servants of the association to violate any of the provisions of this title, all the rights, privileges, and franchises of the association shall be thereby forfeited.

Σελίδα 108 - State thereof, and principally engaged in international or foreign banking, or banking in a dependency or insular possession of the United States either directly or through the agency, ownership, or control of local institutions in foreign countries, or in such dependencies or insular possessions.

Σελίδα 129 - Notes, drafts, and bills admitted to discount under the terms of this paragraph must have a maturity at the time of discount of not more than ninety days...

Πληροφορίες βιβλιογραφίας

• Τίτλος: Instructions of the Comptroller of the Currency Relative to the Organization and Powers of National Banks
• Συγγραφέας: United States. Office of the Comptroller of the Currency
• Εκδότης: U.S. Government Printing Office, 1919
• Πρωτότυπο από: το Πανεπιστήμιο του Μίτσιγκαν
• Ψηφιοποιήθηκε στις: 4 Ιουλ. 2007
• Μέγεθος: 145 σελίδες