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" No national banking association shall at any time be indebted, or in any way liable, to an amount exceeding the amount of its capital stock at such time actually paid in and remaining undiminished by losses or otherwise, except on account of demands of... "
Amendments to the Federal Reserve Act: Hearings Before ..., March 22, May 9 ... - Halaman 4
oleh United States. Congress. Senate. Committee on Banking and Currency - 1916 - 94 halaman
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A Treatise on the Law of Banks and Banking, Volume 2

John Torrey Morse (Jr.) - 1888 - 712 halaman
...fifty -two hundred and thirty-four. § 36. (5202.) Limit to Bank's Indebtedness. — No association shall at any time be indebted, or in any way liable,...losses or otherwise, except on account of demands of the nature following : — First. Notes of circulation. Second. Moneys deposited with or collected...
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The National-Bank Act and Other Laws Relating to National Banks, from the ...

United States - 1889 - 120 halaman
...in- so (SEO. 5202.) No association shall at anytime be indebtedness of as- v ' sociation. deb ted, or in any way liable, to an amount exceeding the amount...losses or otherwise, except on account of demands of the nature following: Exceptions. First. Kotes of circulation. Second. Moneys deposited with or...
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Extracts from the Laws of the United States Relating to Currency and Finance

United States - 1889 - 90 halaman
...association, according to the provisions of this act. SEC. 36. And be it further enacted, That no association shall at any time be indebted, or in any way liable,...stock at such time actually paid in and remaining nndiminished by losses or otherwise, except on the following accounts, that is to say : — First....
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Laws of the United States Relating to Currency, Finance, and Banking from ...

United States - 1891 - 332 halaman
...association, according to the provisions of this act. SEC. 36. And be it further enacted, That no association shall at any time be indebted, or in any way liable,...remaining undiminished by losses or otherwise, except on the following accounts, that is to say : — First. On account of its notes of circulation. Second....
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Laws of the United States Relating to Currency, Finance, and Banking from ...

United States - 1891 - 328 halaman
...association, according to the provisions of this act. SEC. 36. And be it further enacted, That no association shall at any time be indebted, or in any way liable, to an amount ex- , , ceeding the amount of its capital stock at such time actually paid in and remaining undiminished...
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The Abridgment ... Containing the Annual Message of the President of the ...

United States. President - 1891 - 1120 halaman
...Section 5202 United States Kevised Statutes reads as follows : No association shall at any time bo indebted or in any way liable to an amount exceeding the amount of it« capital stock at such time actually paid in and remaining undimiimhed by losses or otherwise,...
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Hand-book for Bank Officers

George Mathewes Coffin - 1893 - 186 halaman
...clearly implied in section 5202, which fixes the limit for such borrowing as follows: No association shall at any time be indebted, or in any way liable,...losses or otherwise, except on account of demands of the nature following: First. Notes of circulation. Second. Moneys deposited with or collected by...
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The Albany Law Journal: A Monthly Record of the Law and the ..., Volume 51-52

1895 - 914 halaman
...NATIONAL BANKS — INDEBTEDNESS. — Under Rev. St. US § 5202, providing thab no national bank shall "be indebted or in any way liable to an amount exceeding the amount of its capital stock paid in except on" circulation, deposits, special funds, or declared dividends, a national bank is...
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Commentaries on the Law of Private Corporations, Volume 6

Seymour Dwight Thompson - 1896 - 1228 halaman
...the note was void under the section of the National Bank Act,8 which provides that "no association shall at any time be indebted, or in any way liable,...losses or otherwise, except on account of demands of the nature following," — the demand which gave rise to the indebtedness on the note not being...
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Hearings and Arguments Before the Committee on Banking and Currency of the ...

United States. Congress. House. Committee on Banking and Currency - 1897 - 626 halaman
...currency notes supplied to and issued by any association under this section and section ten exceed the amount of its capital stock at such time actually paid in and unimpaired, excepting as provided in section seventeen. The promise of the association rec, iving the...
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