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" 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... "
The Revised Statutes, Codes and General Laws of the State of New York ... - Página 186
por New York (State) - 1896
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Public and Local Acts of the Legislature of the State of Michigan

Michigan - 1960 - 430 páginas
[ Lo sentimos, el contenido de esta página está restringido. ]
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American law reports annotated, Volumen51

1927 - 1624 páginas
...reason. Revised Statutes, § 5201, USC title 12,. § 83, provides: "No [national banking] association shall make any loan or discount on the security of...upon a debt previously contracted in good faith," etc. Appellant insists that the closing sentence of Exhibit F compels the bank to look to its own stock,...
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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 - 548 páginas
...available for the redemption of their circulation. SEC. 35, And be it further enacted, That no association shall make any loan or discount on the security of...be sold or disposed of at public or private sale, in default of which a receiver may be appointed to close up the business of the association, according...
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Hearings, Reports and Prints of the Senate Committee on Banking and Currency

United States. Congress. Senate. Committee on Banking and Currency - 1963 - 716 páginas
...available for the redemption of their circulation. SEC. 35. And be it further enacted, That no association shall make any loan or discount on the security of...be sold or disposed of at public or private sale, m default of which a receiver may be appointed to close up the business of the association, according...
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Federal Banking Laws: A Compilation of the Federal Statutes Applicable to ...

United States - 1964 - 666 páginas
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Encyclopedia of Banking Laws

Henry J. Bailey - 1964 - 292 páginas
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Comptroller's Manual for National Banks: Laws, Regulations, Rulings

United States. Office of the Comptroller of the Currency - 1966 - 480 páginas
...Reserve Act. Purchase of Own Shares; Loan Secured by Own Shares 12 USC 83 (RS 5201).— No association shall make any loan or discount on the security of...be sold or disposed of at public or private sale; or, in default thereof, a receiver may be appointed to close up the business of the association, according...
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Michie's West Virginia Code, Annotated, Volumen10

West Virginia - 1966 - 840 páginas
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The Comptroller and Bank Supervision: a Historical Appraisal, Volumen10

Ross M. Robertson - 1968 - 286 páginas
...available for the redemption of their circulation. Sec. 35. And be it further enacted, That no association shall make any loan or discount on the security of...be sold or disposed of at public or private sale, in default of which a receiver may be appointed to close up the business of the association, according...
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