There is a newer version of the US Code
2015 US Code
Title 12 - Banks and Banking (Sections 1 - 5710)
Chapter 6 - Foreign Banking (Sections 601 - 633)
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Metadata
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 6 - FOREIGN BANKING |
Contains | sections 601 to 633 |
Date | 2015 |
Laws In Effect As Of Date | January 3, 2016 |
Positive Law | No |
Disposition | standard |
- Table of Contents
- Subchapter I - Establishment by National Banks of Foreign Branches and Investments in Banks Doing Foreign Business (Sections 601 - 605)
- Sec. 601 - Authorization; conditions and regulations
- Sec. 602 - Reports and examinations
- Sec. 603 - Restrictions imposed by Board of Governors of the Federal Reserve System on banks purchasing stock in corporations doing foreign business
- Sec. 604 - Accounts of foreign branches; profit and loss
- Sec. 604a - Regulations authorizing exercise by foreign branches of usual powers of local banks; restrictions
- Sec. 605 - Repealed. Aug. 23, 1935, ch. 614, title III, ยง329, 49 Stat. 717
- Subchapter II - Organization of Corporations to Do Foreign Banking (Sections 611 - 633)
- Sec. 611 - Formation authorized; fiscal agents; depositaries in insular possessions
- Sec. 611a - Statement of purposes; rules and regulations
- Sec. 612 - Articles of association; contents
- Sec. 613 - Signing of articles of association; forwarding to and filing by Board of Governors of the Federal Reserve System; organization certificate; contents
- Sec. 614 - Organization certificate; acknowledgment; forwarding to, filing, and approval by Board of Governors of the Federal Reserve System; permit to do business; body corporate; name; seal; corporate succession; contracts; suits; directors, officers, and employees; bylaws
- Sec. 615 - Powers of corporation
- Sec. 616 - Place of carrying on business; when business may be begun
- Sec. 617 - Engaging in commerce or trade in commodities; price fixing; forfeiture of charter; acts forbidden to directors, officers, agents, or employees
- Sec. 618 - Capital stock; amount; when paid in
- Sec. 619 - Capital stock; by whom held; ownership of capital stock by foreign bank
- Sec. 620 - Members of Board of Governors of the Federal Reserve System without interest in corporation
- Sec. 621 - Liability of shareholders on unpaid subscriptions; membership of corporation in Federal reserve bank prohibited
- Sec. 622 - Forfeiture of rights and privileges; dissolution; liability of directors and officers
- Sec. 623 - Voluntary liquidation
- Sec. 624 - Appointment of receiver or conservator
- Sec. 625 - Stockholders' meetings; books and records; reports; examination
- Sec. 626 - Dividends; surplus fund
- Sec. 627 - State taxation
- Sec. 628 - Extension of corporate existence
- Sec. 629 - Conversion of banking corporations into Federal corporations; procedure
- Sec. 630 - Offenses by officers of corporation; punishment
- Sec. 631 - False representations as to liability of United States for acts of corporation; punishment
- Sec. 632 - Jurisdiction of United States courts; disposition by banks of foreign owned property
- Sec. 633 - Potential liability on foreign accounts
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