2015 US Code
Title 12 - Banks and Banking (Sections 1 - 5710)
Chapter 4 - Taxation (Sections 531 - 570)
Subchapter II - National Bank Circulation (Sections 541 - 547)
Sec. 541 - Tax on circulating notes generally
| 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 4 - TAXATION SUBCHAPTER II - NATIONAL BANK CIRCULATION Sec. 541 - Tax on circulating notes generally |
| Contains | section 541 |
| Date | 2015 |
| Laws In Effect As Of Date | January 3, 2016 |
| Positive Law | No |
| Disposition | standard |
| Source Credit | R.S. §5214; Mar. 3, 1883, ch. 121, §1, 22 Stat. 488. |
| Statutes at Large References | 13 Stat. 111 22 Stat. 488 |
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In lieu of all existing taxes, every association shall pay to the Treasurer of the United States, in the months of January and July, a duty of one-half of 1 per centum each half year upon the average amount of its notes in circulation.
(R.S. §5214; Mar. 3, 1883, ch. 121, §1, 22 Stat. 488.)
CODIFICATIONR.S. §5214 derived from act June 3, 1864, ch. 106, §41, 13 Stat. 111, which was part of the National Bank Act. See section 38 of this title.
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