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2017 US Code
Title 12 - Banks and Banking
Chapter 6 - Foreign Banking
Subchapter II - Organization of Corporations to Do Foreign Banking
Sec. 623 - Voluntary liquidation
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| 12 U.S.C. § 623 (2017) |
| §623. Voluntary liquidation |
|
Any corporation organized under this subchapter may go into voluntary liquidation and be closed by a vote of its shareholders owning two-thirds of its stock. |
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(Dec. 23, 1913, ch. 6, §25A (par.), formerly §25(a), as added Dec. 24, 1919, ch. 18, 41 Stat. 378; renumbered §25A, Pub. L. 102–242, title I, §142(e)(2), Dec. 19, 1991, 105 Stat. 2281.) |
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REFERENCES IN TEXT
Any corporation organized under this subchapter, referred to in text, was in the original "Any such corporation". CODIFICATIONSection is comprised of par. 15 (undesignated) of section 25A of act Dec. 23, 1913, which comprises this subchapter. For complete classification of section 25A of this Act, see Codification note set out under section 611 of this title. |
| United States Code, 2012 Edition, Supplement 5, Title 12 - BANKS AND BANKING |
| Bills and Statutes |
| United States Code |
| Y 1.2/5: |
| Title 12 - BANKS AND BANKING CHAPTER 6 - FOREIGN BANKING SUBCHAPTER II - ORGANIZATION OF CORPORATIONS TO DO FOREIGN BANKING Sec. 623 - Voluntary liquidation |
| section 623 |
| 2017 |
| January 12, 2018 |
| No |
| standard |
| 41 Stat. 378 105 Stat. 2281 |
| Public Law 102-242 |
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