2016 US Code
Title 12 - Banks and Banking
Chapter 2 - National Banks
Subchapter XIV - Bank Conservation Act
Secs. 207, 208 - Repealed. Pub. L. 101-73, title VIII, §808, Aug. 9, 1989, 103 Stat. 446

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Section Name §§207, 208. Repealed. Pub. L. 101–73, title VIII, §808, Aug. 9, 1989, 103 Stat. 446
Repeal Summary

Section 207, acts Mar. 9, 1933, ch. 1, title II, §207, 48 Stat. 3; May 20, 1933, ch. 34, 48 Stat. 72, prescribed conditions for reorganization of banks, requiring consent of depositors and other creditors, of stockholders, or of both depositors and other creditors and stockholders, namely that the reorganization plan be fair and equitable to depositors, other creditors, and stockholders and be in the public interest; that the plan be consented to in writing; and that the approved plan be binding on all consenting or nonconsenting depositors, creditors, and stockholders.

Section 208, act Mar. 9, 1933, ch. 1, title II, §208, 48 Stat. 4, made the provisions for segregation of deposits inapplicable after termination of conservatorship, and provided for termination of conservatorship after publication of notice of termination and mailing of a copy of such notice by registered mail to depositors of record.

Publication Title United States Code, 2012 Edition, Supplement 4, 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
SUBCHAPTER XIV - BANK CONSERVATION ACT
Secs. 207, 208 - Repealed. Pub. L. 101-73, title VIII, §808, Aug. 9, 1989, 103 Stat. 446
Contains sections 207 to 208
Date 2016
Laws In Effect As Of Date January 6, 2017
Positive Law No
Disposition repealed
Statutes at Large References 48 Stat. 3, 4, 72
103 Stat. 446
Public Law References Public Law 101-73
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