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" The business of dealing in securities and stock by the association shall be limited to purchasing and selling such securities and stock without recourse, solely upon the order, and for the account of, customers, and in no case for its own account, and... "
To Prohibit Banks from Performing Certain Nonbanking Services: Hearings ... - Halaman 202
oleh United States. Congress. House. Committee on Banking and Currency. Subcommittee on Bank Supervision and Insurance - 1966 - 228 halaman
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Banking Act of 1935: Hearings Before a Subcommittee of the Committee on ...

United States. Congress. Senate. Committee on Banking and Currency - 1935 - 1048 halaman
...Supp VII, title 12, sec. 24), is amended to read as follows : " The business of dealing in investment securities and stock by the association shall be limited...Comptroller of the Currency may by regulation prescribe, but in no event shall the total amount of the investment securities of any one obligor or maker, purchased...
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Banking Act of 1935

United States. Congress. Senate. Committee on Banking and Currency - 1935 - 1050 halaman
...Supp VII, title 12, sec. 24), is amended to read as follows: "The business of dealing in investment securities and stock by the association shall be limited...and restrictions as the Comptroller of the Currency muy by regulation prescribe, but in no event shall the total amount of the investment securities of...
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Banking Act of 1935: Hearings Before a Subcommittee of the Committee on ...

United States. Congress. Senate. Committee on Banking and Currency - 1935 - 368 halaman
...Supp VII, title 12, sec. 24), is amended to read as follows : " The business of dealing in investment securities and stock by the association shall be limited...securities under such limitations and restrictions ns the Comptroller of the Currency may by regulation prescribe, but in no event shall the total amount...
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Banking Act of 1935: Hearings Before a Subcommittee of the Committee on ...

United States. Congress. Senate. Committee on Banking and Currency. Subcommittee on Monetary Policy, Banking, and Deposit Insurance - 1935 - 1038 halaman
...customers, and in no case for its own account, and the association shall not underwrite any issue c/f securities or stock : Provided, That the association...Comptroller of the Currency may by regulation prescribe, but in no event shall the total amount of the investment securities of any on* obligor or maker, purchased...
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United States Code, Volume 3

United States - 1971 - 1248 halaman
...all such incidental powers as shall be necessary to carry TITLE 12.— BANKS AND BANKING Page 2260 on the business of banking; by discounting and negotiating...Comptroller of the Currency may by regulation prescribe. In no event shall the total amount of the investment securities of any one obligor or maker, held by...
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United States Code, Volume 2

United States - 2000 - 1216 halaman
...obtaining, issuing, and circulating notes according to the provisions of title 62 of the Revised Statutes. The business of dealing in securities and stock by...Comptroller of the Currency may by regulation prescribe. In no event shall the total amount of the investment securities of any one obligor or maker, held by...
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United States Code

United States - 1973 - 1178 halaman
...and circulating notes according to the provisions of this chapter. The business of dealing Page 183 in securities and stock by the association shall be...Comptroller of the Currency may by regulation prescribe. In no event shall the total amount of the investment securities of any one obligor or maker, held by...
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United States Congressional Serial Set, Masalah 11299

1949 - 1884 halaman
...ACT ******* SEC. 8. * * * a national banking association * * * shall have power— ****** * Seventh.1 To exercise by its board of directors or duly authorized...Comptroller of the Currency may by regulation prescribe. In no event shall the total amount of the investment securities of any one obligor or maker, held by...
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Code of Federal Regulations: Containing a Codification of Documents of ...

1971 - 600 halaman
...power of national banks and member State banks to purchase securities for investment is subject to "such limitations and restrictions as the Comptroller of the Currency may by regulation prescribe". The term "investment securities" is defined in paragraph Seventh and is subject to "such further definition...
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Annual Report of the Comptroller of the Currency to the ... Session of the ...

United States. Office of the Comptroller of the Currency - 1953 - 228 halaman
...justify discussion. Section 5136 of the Revised Statutes (12 USC 24) provides that a national bank "may purchase for its own account investment securities...Comptroller of the Currency may by regulation prescribe." Pursuant to this statutory authorization, the Comptroller has promulgated an Investment Securities...
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