Statute · United States Code

12 U.S.C. § 53 — When capital stock paid in

12 U.S.C. § 53

Type
Statute
Source
United States Code
Jurisdiction
Federal
Date
2025-01-06
Topic
capital-markets-and-corporate-governance

All of the capital stock of every national banking association shall be paid in before it shall be authorized to commence business.

Citator

12 U.S.C. § 53 — When capital stock paid in is in force in the current edition of the Code, and nothing recorded condemns it.

All of the capital stock of every national banking association shall be paid in before it shall be authorized to commence business.