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Title 12 - Banks and Banking (Sections 1 - 5710)
Chapter 2 - National Banks (Sections 21 - 216d)
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Publication Title | United States Code, 2012 Edition, Supplement 3, Title 12 - BANKS AND BANKING |
Category | Bills and Statutes |
Collection | United States Code |
SuDoc Class Number | Y 1.2/5: |
Contained Within | Title 12 - BANKS AND BANKING CHAPTER 2 - NATIONAL BANKS |
Contains | sections 21 to 216d |
Date | 2015 |
Laws In Effect As Of Date | January 3, 2016 |
Positive Law | No |
Disposition | standard |
- Table of Contents
- Subchapter I - Organization and General Provisions (Sections 21 - 43)
- Sec. 21 - Formation of national banking associations; incorporators; articles of association
- Sec. 21a - Amendment of articles of association
- Sec. 22 - Organization certificate
- Sec. 23 - Acknowledgment and filing of certificate
- Sec. 24 - Corporate powers of associations
- Sec. 24a - Financial subsidiaries of national banks
- Sec. 25 - Omitted
- Sec. 25a - Participation by national banks in lotteries and related activities
- Sec. 25b - State law preemption standards for national banks and subsidiaries clarified
- Sec. 26 - Comptroller to determine if association can commence business
- Sec. 27 - Certificate of authority to commence banking
- Sec. 28 - Repealed. Pub. L. 103-325, title VI, §602(e)(1), Sept. 23, 1994, 108 Stat. 2291
- Sec. 29 - Power to hold real property
- Sec. 30 - Change of name or location
- Sec. 31 - Rights and liabilities as affected by change of name
- Sec. 32 - Liabilities and suits as affected by change of name or location
- Secs. 33 to 34c - Transferred
- Sec. 35 - Organization of State banks as national banking associations
- Sec. 36 - Branch banks
- Sec. 37 - Associations governed by chapter
- Sec. 38 - The National Bank Act
- Sec. 39 - Reservation of rights of associations organized under Act of 1863
- Sec. 40 - Virgin Islands; extension of National Bank Act
- Sec. 41 - Guam; extension of National Bank Act
- Sec. 42 - Territorial application
- Sec. 43 - Interpretations concerning preemption of certain State laws
- Subchapter II - Capital, Stock, and Stockholders (Sections 51 - 67)
- Sec. 51 - Repealed. Pub. L. 106-569, title XII, §1233(c), Dec. 27, 2000, 114 Stat. 3037
- Sec. 51a - Preferred stock; issuance authorized
- Sec. 51b - Dividends, voting, and retirement of preferred stock; individual liability
- Sec. 51b-1 - Consideration of preferred stock in determining impairment of capital; dividends; retirement
- Sec. 51c - "Common stock", "capital", and "capital stock" defined
- Secs. 51d to 51f - Repealed. June 30, 1947, ch. 166, title II, §206(b), (o), 61 Stat. 208
- Sec. 52 - Par value and incidents of stock; transfer of shares
- Sec. 53 - When capital stock paid in
- Sec. 54 - Repealed. Pub. L. 86-230, §5, Sept. 8, 1959, 73 Stat. 457
- Sec. 55 - Enforcing payment of deficiency in capital stock; assessments; liquidation; receivership
- Sec. 56 - Prohibition on withdrawal of capital; unearned dividends
- Sec. 57 - Increase of capital by provision in articles of association
- Sec. 58 - Repealed. Pub. L. 86-230, §6, Sept. 8, 1959, 73 Stat. 457
- Sec. 59 - Reduction of capital
- Sec. 60 - National bank dividends
- Sec. 61 - Shareholders' voting rights; cumulative and distributive voting; preferred stock; trust shares; proxies, liability restrictions; percentage requirement exclusion of trust shares
- Sec. 62 - List of shareholders
- Secs. 63, 64 - Repealed. Pub. L. 86-230, §7, Sept. 8, 1959, 73 Stat. 457
- Sec. 64a - Individual liability of shareholders; limitation on liability
- Sec. 65 - Repealed. Pub. L. 86-230, §8, Sept. 8, 1959, 73 Stat. 457
- Sec. 66 - Personal liability of representatives of stockholders
- Sec. 67 - Individual liability of shareholders; compromises; authority of receiver
- Subchapter III - Directors (Sections 71 - 78)
- Sec. 71 - Election
- Sec. 71a - Number of directors; penalties
- Sec. 72 - Qualifications
- Sec. 73 - Oath
- Sec. 74 - Vacancies
- Sec. 75 - Legal holiday, annual meeting on; proceedings where no election held on proper day
- Sec. 76 - President of bank as member of board; chairman of board
- Sec. 77 - Repealed. Pub. L. 89-695, title II, §207, Oct. 16, 1966, 80 Stat. 1055
- Sec. 78 - Repealed. Pub. L. 106-102, title I, §101(b), Nov. 12, 1999, 113 Stat. 1341
- Subchapter IV - Regulation of the Banking Business; Powers and Duties of National Banks (Sections 81 - 95b)
- Sec. 81 - Place of business
- Sec. 82 - Repealed. Pub. L. 97-320, title IV, §402, Oct. 15, 1982, 96 Stat. 1510
- Sec. 83 - Loans by bank on its own stock
- Sec. 84 - Lending limits
- Sec. 85 - Rate of interest on loans, discounts and purchases
- Sec. 86 - Usurious interest; penalty for taking; limitations
- Sec. 86a - Omitted
- Secs. 87 to 89 - Repealed. Pub. L. 103-325, title VI, §602(e)(2)-(4), Sept. 23, 1994, 108 Stat. 2291
- Sec. 90 - Depositaries of public moneys and financial agents of Government
- Sec. 91 - Transfers by bank and other acts in contemplation of insolvency
- Sec. 92 - Acting as insurance agent or broker
- Sec. 92a - Trust powers
- Sec. 93 - Violation of provisions of chapter
- Sec. 93a - Authority to prescribe rules and regulations
- Sec. 94 - Venue of suits
- Sec. 94a - Repealed. June 25, 1948, ch. 646, §39, 62 Stat. 992, eff. Sept. 1, 1948
- Sec. 95 - Emergency limitations and restrictions on business of members of Federal Reserve System; designation of legal holiday for national banking associations; exceptions; "State" defined
- Secs. 95a, 95b - Omitted
- Subchapter V - Obtaining and Issuing Circulating Notes (Sections 101 - 110)
- Subchapter VI - Redemption and Replacement of Circulating Notes (Sections 121 - 127)
- Sec. 121 - Repealed. Pub. L. 103-325, title VI, §602(f)(4)(B), Sept. 23, 1994, 108 Stat. 2292
- Sec. 121a - Redemption of notes unidentifiable as to bank of issue
- Sec. 122 - Repealed. Pub. L. 97-258, §5(b), Sept. 13, 1982, 96 Stat. 1068
- Sec. 122a - Redeemed notes of unidentifiable issue; funds charged against
- Secs. 123 to 126 - Repealed. Pub. L. 103-325, title VI, §602(e)(12), (13), (f)(4)(C), (6), Sept. 23, 1994, 108 Stat. 2292, 2293
- Sec. 127 - Repealed. Pub. L. 89-554, §8(a), Sept. 6, 1966, 80 Stat. 633
- Subchapter VII - Proceedings on Failure of Bank to Redeem Circulating Notes (Sections 131 - 138)
- Subchapter VIII - Reserve Cities; Lawful Reserves (Sections 141 - 146)
- Sec. 141 - Omitted
- Sec. 142 - Banks in reserve cities; reserves
- Sec. 143 - Banks in Alaska and insular possessions; lawful money reserves
- Sec. 144 - Certain balances counted toward reserves in dependencies and insular possessions
- Secs. 145, 146 - Repealed. Pub. L. 97-258, §5(b), Sept. 13, 1982, 96 Stat. 1068
- Subchapter IX - Formation of Associations to Issue Gold Notes (Sections 151 - 153)
- Subchapter X - Bank Examinations; Reports (Sections 161 - 165)
- Subchapter XI - Miscellaneous Provisions Regarding United States Bonds in Relation to National Banks (Sections 168 - 178)
- Secs. 168 to 177 - Repealed. Pub. L. 103-325, title VI, §602(e)(24)-(31), (f)(4)(D), (5)(A), Sept. 23, 1994, 108 Stat. 2292, 2293
- Sec. 177a - Funds available for cost of transporting and redeeming national and Federal Reserve bank notes
- Sec. 178 - Repealed. Pub. L. 103-325, title VI, §602(f)(5)(B), Sept. 23, 1994, 108 Stat. 2293
- Subchapter XII - Voluntary Dissolution (Sections 181 - 186)
- Subchapter XIII - Receivership (Sections 191 - 200)
- Sec. 191 - Appointment of receiver for a national bank
- Sec. 192 - Default in payment of circulating notes
- Sec. 193 - Notice to present claims
- Sec. 194 - Dividends on adjusted claims; distribution of assets
- Sec. 195 - Repealed. Pub. L. 103-325, title VI, §602(e)(36), Sept. 23, 1994, 108 Stat. 2292
- Sec. 196 - Expenses
- Sec. 197 - Shareholders' meeting; continuance of receivership; appointment of agent; winding up business; distribution of assets
- Sec. 197a - Resumption of business by closed bank on consent of depositors
- Sec. 198 - Purchase by receiver of property of bank; request to Comptroller
- Sec. 199 - Approval of request
- Sec. 200 - Payment
- Subchapter XIV - Bank Conservation Act (Sections 201 - 213)
- Sec. 201 - Short title
- Sec. 202 - Definitions
- Sec. 203 - Appointment of conservator
- Sec. 204 - Examinations
- Sec. 205 - Termination of conservatorship
- Sec. 206 - Conservator; powers and duties
- Secs. 207, 208 - Repealed. Pub. L. 101-73, title VIII, §808, Aug. 9, 1989, 103 Stat. 446
- Sec. 209 - Liability protection
- Sec. 210 - Governmental powers unimpaired
- Sec. 211 - Rules and regulations
- Sec. 212 - Right to amend; separability
- Sec. 213 - Transferred
- Subchapter XV - Conversion of National Banks Into State Banks (Sections 214 - 214d)
- Subchapter XVI - Consolidation and Merger (Sections 215 - 215c)
- Sec. 215 - Consolidation of banks within same State
- Sec. 215a - Merger of national banks or State banks into national banks
- Sec. 215a-1 - Interstate consolidations and mergers
- Sec. 215a-2 - Expedited procedures for certain reorganizations
- Sec. 215a-3 - Mergers and consolidations with subsidiaries and nonbank affiliates
- Sec. 215b - Definitions
- Sec. 215c - Mergers, consolidations, and other acquisitions authorized
- Subchapter XVII - Disposition of Unclaimed Property Recovered From Closed National Banks (Sections 216 - 216d)
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