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2016 US Code
Title 12 - Banks and Banking
Chapter 2 - National Banks
Subchapter II - Capital, Stock, and Stockholders
Sec. 66 - Personal liability of representatives of stockholders
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| 12 U.S.C. § 66 (2016) |
| §66. Personal liability of representatives of stockholders |
|
Persons holding stock as executors, administrators, guardians, or trustees, shall not be personally subject to any liabilities as stockholders; but the estates and funds in their hands shall be liable in like manner and to the same extent as the testator, intestate, ward, or person interested in such trust funds would be, if living and competent to act and hold the stock in his own name. |
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(R.S. §5152.) |
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CODIFICATION
R.S. §5152 derived from act June 3, 1864, ch. 106, §63, 13 Stat. 118, which was the National Bank Act. See section 38 of this title. |
| United States Code, 2012 Edition, Supplement 4, Title 12 - BANKS AND BANKING |
| Bills and Statutes |
| United States Code |
| Y 1.2/5: |
| Title 12 - BANKS AND BANKING CHAPTER 2 - NATIONAL BANKS SUBCHAPTER II - CAPITAL, STOCK, AND STOCKHOLDERS Sec. 66 - Personal liability of representatives of stockholders |
| section 66 |
| 2016 |
| January 6, 2017 |
| No |
| standard |
| 13 Stat. 118 |
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